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Trevor's professor gave a lecture on unconscious biases and how they operate. The professor then asked the students to complete a measure of unconscious bias toward people who are older. Trevor's results showed evidence of bias against this social group. Having become aware of his unconscious bias, in the future, Trevor will most likely
Degree of Rivalry
The intensity of competition among existing competitors in a market.
Threat of New Entrants
The potential risk posed by the possibility of new companies entering a market, which can impact the competitive environment and profitability for existing players.
Bargaining Power
The leverage that a party has in negotiations, affecting the terms and conditions of agreements.
Socio-Cultural
Relating to the interaction of social and cultural elements in society, influencing behaviors, values, practices, and institutions.
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