Examlex
According to Porter's five forces model, which of the following would be most affected by the threat of substitutes?
Span of Control
A management concept that refers to the number of subordinates a supervisor or manager can effectively manage and control.
Bureaucracy
An organizational style characterized by formalized rules and regulation, specialized routine tasks, division of labor, and centralized authority.
Specialization
The process of focusing on a narrow area of expertise to become more efficient and productive in that area.
Bored Employees
Refers to workers who experience a lack of interest, enthusiasm, or engagement in their job tasks.
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