Porter's Five Forces Model Is Used to Assess ________

question 93

Multiple Choice

Porter's five forces model is used to assess ________.

• A)industry structure
• B)market share
• C)internal competition
• D)life cycles of products

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Definitions:

Achievement Test

An examination that measures an individual's acquired knowledge or skills in a specific area of learning, often used in educational settings.

Achievement Motivation

An individual's drive or urge to accomplish tasks and goals, typically to meet standards of excellence.

Competitive Career

A profession or field where success heavily depends on outperforming competitors, often in sports, business, or the arts.

High Power Need

A psychological drive that motivates individuals to seek control, influence, or authority over others.