Define the Term Industry Structure and Discuss the Ways the Internet

question 7

Essay

Define the term industry structure and discuss the ways the Internet and e-commerce have changed the five forces that characterize industry structure.

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Definitions:

Orientation Messages

Communications designed to introduce, familiarize, or provide guidance about a particular subject or environment to individuals.

Stimulation Messages

Stimulation Messages are messages designed to provoke or encourage a response, often used in marketing, therapy, or education to engage individuals and prompt action.

Collective Efficacy

A group's shared belief in its collective ability to organize and execute actions required to achieve desired outcomes.

Task Cohesion

The degree to which members of a group or team unite and work together effectively to achieve specific, shared tasks or objectives.