All of the Following Are Examples of Factors in Porter's

question 6

Multiple Choice

All of the following are examples of factors in Porter's market internal competition force except _____.

• A)speed of industry growth
• B)buyer propensity to substitute
• C)exit barriers
• D)switching costs
• E)capacity utilization

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Definitions:

Defining Objectives

The process of establishing clear, specific, measurable, and achievable targets that an organization or individual aims to reach.

Setting Objectives

The process of establishing specific, measurable, achievable, relevant, and time-bound goals for an individual, team, or organization.

Planning

The process of making plans for something, especially by specifying goals, strategies, and actions to achieve those goals.

Stretch Goals

Performance targets that one must work extra hard and stretch to reach.