Potential Competitors Are Companies That Are Currently Competing in an Industry

question 10

True/False

Potential competitors are companies that are currently competing in an industry, but have the capability to do so if they choose.

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Definitions:

Rational

The quality of being based on or in accordance with reason or logic.

Rational-Emotive

A cognitive-behavioral approach to psychotherapy that focuses on resolving emotional and behavioral problems by challenging and changing irrational thoughts.

Activating Event

An initial occurrence or situation that triggers a psychological or emotional response.

Antecedent

An event or environment condition that precedes and triggers a behavior or response.