Porter's Five Forces Model Did Not Recognize One Force, Which

question 6

Multiple Choice

Porter's Five Forces model did not recognize one force, which is:

• A) the power of complement providers.
• B) the risk of entry by potential competitors.
• C) the intensity of rivalry among established companies within an industry.
• D) the bargaining power of suppliers.
• E) the threat of substitutes.

Grasp the concept of self-actualization and its rarity in organizational settings.

Learn the expectancy theory of motivation and its components.

Appreciate the role of feedback and participative goal setting in enhancing employee motivation and performance.

Analyze the criticisms and limitations of traditional motivational theories.

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Definitions:

Deep Level Diversity

Differences among individuals at a more profound level, such as values, beliefs, and attitudes, as opposed to observable demographic differences.

Observable Demographics

Characteristics of populations that can be seen or measured, such as age, gender, income, and education level, often used in research and marketing.

Job Security

The probability that an individual will keep their job; a secure job has a low risk of termination at the will of the employer.

Work Intensification

Describes the increase in workload, pace, or pressure in a job, often leading to stress and decreased job satisfaction.