According to Michael Porter, _____ Is One of the Five

question 3

Multiple Choice

According to Michael Porter, _____ is one of the five industry forces that determine an industry's overall attractiveness and potential for long-term profitability.

• A)threat of new entrants
• B)span of management
• C)organizational synergy
• D)bureaucratic management
• E)organizational stability

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Definitions:

Upward Movement

Progression or advancement towards higher positions, levels, or states, often used in the context of careers or financial growth.

Lateral Movement

The process in cybersecurity where an attacker moves through a network searching for key data and access after gaining an initial foothold.

Formal Communication

Formal communication refers to the structured and official way of exchanging information within an organization, adhering to established protocols and rules.

Organizational Hierarchy

A structured ranking of individuals within an organization based on levels of responsibility, authority, or status.