Which of the Following Is Explicitly Considered as a Force

question 32

Multiple Choice

Which of the following is explicitly considered as a force in Porter's five forces model?

• A) Rivalry between suppliers.
• B) Government legislation.
• C) Internal business processes.
• D) Bargaining power of buyers.

Recognize the characteristics of effective negotiation and how it differs from other types of negotiation.

Understand the ethical considerations in negotiations and the importance of maintaining high ethical standards.

Understand the different types of power a manager can exercise within an organization.

Identify and describe the characteristics of effective leadership, including challenges and strategies for visionary leadership.

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Definitions:

Low-cost Recruitment

A strategy for attracting candidates to job positions without significant financial investment, focusing on cost-effective techniques such as social media and employee referrals.

ESDC's Job Bank

An online service provided by Employment and Social Development Canada (ESDC) that connects job seekers with available job opportunities across Canada.

Walk-ins

Individuals who arrive at a service provider or business without an appointment, often for immediate service or attention.

Bottom-line Financial Performance

A measure of a company's financial health, often determined by net income, which reflects the final profit or loss after all expenses are accounted for.