Discuss the Sixth Force in Porter's Five Forces Model

question 79

Essay

Discuss the sixth force in Porter's five forces model. Give a real-life example of this sixth force.

Calculate a corporation's ordinary business income and distinguish between different income categories for tax reporting.

Understand the AMT exemption amounts for corporations and the phase-out thresholds.

Determine the tax liability and taxable income of a corporation based on given financial and operational data.

Understand the qualifications and disqualifications for electing Subchapter S status for corporations.

---

Definitions:

Operant Conditioning

A method of learning that involves rewards and punishments for behavior, which influences the likelihood of that behavior's occurrence.

Positive Reinforcement

A method in behaviorism used to increase the likelihood of a desired behavior by following it with the addition of a positive stimulus.

Outspoken

Someone characterized by the willingness to express opinions and thoughts openly and without reservation.

Psychodynamic Theorist

A psychologist or theorist who focuses on understanding the influence of the unconscious mind on behavior and mental processes, following principles initially proposed by Freud.