The Threat of New Entrants into the Marketplace Is High

question 61

True/False

The threat of new entrants into the marketplace is high when duplicating a company's product or service is difficult.

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Definitions:

Career Path

Refers to the progression or sequence of jobs and roles that an individual undertakes throughout their working life.

Informal Structures

Naturally occurring networks and relationships among employees within an organization that affect behaviors and how work actually gets done.

High Productivity

The state of achieving maximum outputs from given inputs, often related to efficient and effective use of resources in a work environment or process.

Organization Chart

An organization chart is a diagram that displays the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.