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Name the Five Industry and Competitor Forces That Can Significantly

question 24

Essay

Name the five industry and competitor forces that can significantly influence the performance of organizations within an industry.


Definitions:

Unearned Revenue

Revenue a business earns from selling products or services that have not yet been delivered to the buyer.

Tutoring Services

Educational support and personalized instruction provided by a tutor to help students improve their understanding and performance in specific subjects.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights.

Transactions

Business activities or events that involve the exchange of goods, services, money, or a promise of any of these.

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