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According to Michael Porter, What Are the Five Competitive Forces

question 56

Essay

According to Michael Porter, what are the five competitive forces that create vital opportunities and threats for organizations? Which force do you feel is most important in the computer industry today? Why?


Definitions:

Scheduling Application

Software tools designed to organize, assign, and manage tasks and events on a calendar or timeline.

Learning Curve

The concept that people improve efficiency and decrease errors with experience over time.

Assembly Time

The total time required to assemble a product from its various components.

Production Unit

A factory or workshop where goods are manufactured or processed.

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