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In terms of Porter's Five Forces Model, explain the benefits an organization can receive from implementing an efficient and effective SCM system.
High Self-Esteem
A positive evaluation of oneself and one's abilities, often reflecting confidence and satisfaction in various aspects of life.
Less Qualified
Having fewer credentials, experience, or skills compared to others in a specific context or for a particular job.
Approach-avoidance conflict
A psychological dilemma experienced when a single goal or event has both attractive and repulsive aspects, causing both a desire to approach and an urge to avoid.
Entrance scholarship
An entrance scholarship is a financial award provided to students upon entering a college or university, usually based on academic merit or other criteria.
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