Describe Porter's Five Forces Model and Explain Each of the Five

question 61

Essay

Describe Porter's Five Forces Model and explain each of the five forces.

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Definitions:

Preconscious Mind

A part of the mind that contains thoughts, feelings, and memories not currently in consciousness but can be readily brought into consciousness.

Conscious Mind

The aspect of the mind that is aware of one's self, thoughts, feelings, and surroundings in the present moment.

Humanistic Perspective

The “third force” in psychology that focuses on those aspects of personality that make people uniquely human, such as subjective feelings and freedom of choice.

Psychoanalytic Perspectives

A set of theories and therapeutic approaches in psychology that emphasize the influence of the unconscious mind on behavior, originating with the work of Sigmund Freud.