According to Porter's 'Five Forces',comments by a Potential Competitor That

question 73

True/False

According to Porter's 'five forces',comments by a potential competitor that they will 'introduce their products at reduced prices so that other organisations will go out of business' is an example of a 'threat of new entrants'.

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Definitions:

1960s

A decade marked by major political and social change globally, including the Civil Rights Movement in the United States, the Vietnam War, and the rise of counterculture.

Personal Responsibility

The idea that individuals are accountable for their actions and the consequences of those actions.

Work Opportunity Reconciliation Act

Legislation in the United States that aims to encourage employers to hire less qualified job seekers, including long-term welfare recipients, by offering federal tax credits.

Welfare Benefits

Financial or material aid provided by the government to individuals or groups in need.