For Validation, One Should Always Use Multiple Criteria

question 26

True/False

For validation, one should always use multiple criteria.

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Definitions:

Porter's Five Forces

A framework developed by Michael Porter for analyzing the competitive intensity and attractiveness of an industry or market, including competitive rivalry, threat of new entrants, threat of substitutes, bargaining power of buyers, and bargaining power of suppliers.

Attractive Industry

A sector of the economy that is appealing to investors or businesses due to its potential for high returns, growth opportunities, or other favorable conditions.

Organisational Mission

A statement that outlines an organization's core purpose, focus, and aspirations, guiding its strategies and operations.