A Firm's Current Competition, Suppliers, Customers, and the Threat of New

question 29

Multiple Choice

A firm's current competition, suppliers, customers, and the threat of new entrants or of substitutes are all elements in the

• A) Task environment.
• B) Peters model for organizational excellence.
• C) Microenvironment.
• D) Porter model for competitive analysis.
• E) Industrial microenvironment.

---

Definitions:

Reinforcement

In behavioural psychology, a process by which a stimulus increases the probability of a preceding behaviour being repeated.

Schedule of Reinforcement

A plan or rule set for determining when and how often reinforcement will be delivered in behavior modification techniques.

Interval Schedule

A reinforcement schedule in which rewards are given after a variable or fixed interval of time has passed.

Time Elapsed

The total amount of time that has passed from the beginning of an event to a specific point in time.