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Predictive and concurrent validity are determined by comparing test scores with supervisor performance ratings.
Environmental Threats
Potential harmful effects on the natural environment from human activities or natural processes.
Resource Scarcities
Situations where the availability of resources is insufficient to meet the demands, often leading to competition and increased value of the scarce resources.
Porter's Five Forces Model
A framework for analyzing a company's competitive environment, focusing on five forces that shape every industry and market.
Intense Rivalry
A situation in a market where competitors aggressively compete with each other for market share, often leading to aggressive strategies and tactics.
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