Porter's Competitive Forces Model Identifies _________ Major Forces That Can

question 58

Multiple Choice

Porter's competitive forces model identifies _________ major forces that can endanger or enhance a company's position in a given industry.

• A) 3
• B) 4
• C) 5
• D) 6

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Definitions:

Negligent Misrepresentation

Providing false or misleading information carelessly, causing someone to suffer loss or damage.

Innocent Misrepresentation

A type of misrepresentation in legal contexts where the person making the misrepresentation genuinely believes it to be true, lacking intent to deceive.

Unilateral Mistake

A legal term describing a situation where only one party to a contract is mistaken about a basic assumption on which the contract is based.

Innocent Misrepresentation

A false statement made without knowledge of its falsity, not intended to deceive, which can lead to a contract being voided if relied upon by the other party.