According to Michael Porter, a High Force Can Be Regarded

question 42

True/False

According to Michael Porter, a high force can be regarded as threat because it is likely to reduce profits.

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Definitions:

Stable

Characterized by consistency, reliability, and lack of significant change or fluctuation over time.

Fundamental Attribution Error

The tendency to overestimate the impact of personal disposition and underestimate the role of situational factors in explaining other people's behavior.

Peripheral Route Persuasion

A method of persuasion that relies on superficial factors, such as the attractiveness or credibility of the source, rather than logical argument.

Cognitive Dissonance

A state of mental discomfort arising from holding two or more conflicting beliefs, attitudes, or values, often leading to changes in beliefs or behaviors to reduce discomfort.