What Term Coined by Michael Porter Describes a Tool That

question 31

Multiple Choice

What term coined by Michael Porter describes a tool that can be used to show how nearly every industry can be broken down into smaller pieces known as segments?

• A)Industry breakdown matrix
• B)Industry five forces matrix
• C)Industry value creation matrix
• D)Industry segmentation matrix
• E)Industry dimensions matrix

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Definitions:

Null Hypothesis

A statement in statistical hypothesis testing that assumes there is no significant difference or association between specified populations, any observed difference being due to sampling or experimental error.

Worldview I

The fundamental cognitive orientation of an individual or society encompassing the entirety of the individual or society's knowledge and point of view.

Objectively Measurable

Qualities or phenomena that can be quantified or evaluated by objective criteria rather than by personal feelings or opinions.

Rationalism

A philosophical stance asserting that reason is the chief source and test of knowledge, as opposed to empirical evidence.