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List and Describe the Parts of Porter's Five Forces Model

question 86

Essay

List and describe the parts of Porter's five forces model and explain how it is utilized by companies.


Definitions:

Gender Diversity

The representation of a range of genders within a workforce or organization, not limiting to just male and female categories.

Corporate Boards

A group of individuals elected by shareholders to oversee the management and governance of a corporation.

Glass Ceiling

A metaphor for the invisible barriers that prevent certain groups from achieving higher ranks in organizations, especially affecting women and minorities.

Change Agent

Someone who acts as a catalyst for change, facilitating and implementing changes within an organization or community to achieve a desired goal.

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