According to Michael Porter,industry Attractiveness Is a Function of Which

question 8

Multiple Choice

According to Michael Porter,industry attractiveness is a function of which of these five forces?

• A) Profitability, market share, workforce quality, innovativeness, and social responsibility
• B) Cost efficiency, product quality, service quality, workforce quality, and innovativeness
• C) Differentiation, cost leadership, focused differentiation, focused cost, and integration
• D) Competitors, new entrants, suppliers, customers, and substitutes

Differentiate between variable, fixed, and mixed costs, and how they behave with changes in activity level.

Identify cost behavior and how costs respond to changes in business activity.

Understand the concept of relevant range and its importance in cost behavior.

Analyze the effects of cost behavior on decision making.

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Definitions:

Manifest Content

The literal content and storyline of a dream as remembered by the dreamer, in contrast to the hidden meaning of the dream.

Psychoanalytic Therapy

A form of psychological treatment based on Sigmund Freud's theories, aiming to explore unconscious conflicts and desires that influence behavior.

Free Association

A psychoanalytic technique in which a patient says whatever comes to mind in order to uncover unconscious thoughts and feelings.

Unconditional Positive Regard

Referring to the warmth, respect, and accepting atmosphere created by the therapist for the client in person-centered therapy; positive regard that is given without conditions or strings attached.