Which Force Is Sometimes Referred to as the Sixth Force

question 7

Multiple Choice

Which force is sometimes referred to as the sixth force in industry analysis?

• A) Complementarities
• B) Substitutes
• C) Parallel products
• D) Disruptive products

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Definitions:

Strategic Planning

The process of defining a strategy or direction, and making decisions on allocating resources to pursue this strategy.

Workforce Planning

The process of analyzing, forecasting, and planning workforce supply and demand, assessing gaps, and determining targeted talent management interventions.

Perceptual Barriers

Psychological obstacles that interfere with communication and understanding between people.

Practical Barriers

Real-world obstacles that hinder progress or the implementation of plans, ranging from resource limitations to regulatory constraints.