Which of the Following Is an Element of Michael Porter's

question 123

Multiple Choice

Which of the following is an element of Michael Porter's model for analyzing the competitive environment of an organization?

• A)substitutes
• B)cost strategy
• C)societal trends
• D)regulatory forces
• E)demographics

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Definitions:

Nutritional Reward

The positive or pleasurable feedback received from consuming certain foods, which can influence eating behaviors.

Comfort

A state of physical or psychological ease and freedom from pain or constraint, often obtained through providing solace or support.

Stage Theory Approach

The stage theory approach is a psychological framework positing that human development occurs in distinct, sequential stages, each with its own challenges and tasks.

Child Development

The study of how children grow and change physically, emotionally, socially, and cognitively from birth through adolescence.