In Porter's Five Factor Model,each of the Three Competitive Forces

question 93

Multiple Choice

In Porter's five factor model,each of the three competitive forces concerns the danger of ________.

• A) suppliers favoring rival companies
• B) customers taking their business elsewhere
• C) investors refusing to back new projects
• D) employees not working toward organizational goals

Identify the purposes and impacts of both operating and capital expenditure budgets on financial planning.

Understand the principles and practices of effective budget preparation and control.

Recognize the effects of various budgeting approaches on cost management and performance evaluation.

Understand the significance of participatory processes in developing more effective and accurate budgets.

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Definitions:

Valid Survey

A research method that uses systematic procedures to ensure accuracy and reliability in collecting information.

Sample Population

A subset of individuals from a larger population, selected for the purpose of conducting a study.

Search Tools

Digital applications or resources utilized to find information on the internet or within databases.

Monitoring Tools

Software or systems used to track performance, activities, or metrics in various contexts, such as network monitoring, website analytics, or social media monitoring.