The Likelihood of Entry of New Competitors Is Affected by ______

question 101

Multiple Choice

The likelihood of entry of new competitors is affected by ______ and ______.

• A) barriers to entry; expected retaliation of current industry organizations
• B) the power of existing suppliers; buyers
• C) the profitability of the industry; the market share of its leading firm
• D) the demand for the product; the profitability of the competitors

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Definitions:

Overcompensating Behavior

Refers to excessive efforts made by an individual to cover up feelings of inadequacy or shortcomings, often observed in psychology as a defense mechanism.

Organ Inferiority

In Adler’s version of psychoanalysis, the idea that people are motivated to succeed in adulthood in order to compensate for whatever they felt, in childhood, was their weakest aspect.

Inferiority Complex

A psychological condition where an individual feels a deep sense of insecurity and inadequacy, often originating from childhood experiences.

Neo-Freudians

Psychologists who were influenced by Freud's theories but extended or diverged from his ideas to form their own theories.