Porter's Five Forces Framework Is Derived from Principles from Which

question 12

Multiple Choice

Porter's Five Forces framework is derived from principles from which academic field?

• A) Economics
• B) Game theory
• C) Bounded rationality
• D) Organizational behaviour

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Definitions:

Stimulus Generalization

The tendency for stimuli similar to those used during learning to elicit a reaction similar to the learned response.

Habituation

The decrease in response to a stimulus after repeated exposure, indicating a form of learning or adaptation.

Learning Curve

A graphical representation of how an increase in learning comes from greater experience; or, the concept that practice can make tasks easier and more efficient over time.

Unconditioned Response

An automatic, natural reaction to a stimulus that occurs without prior learning or conditioning.