Michael Porter Defined the Five Forces Model and the Potential

question 165

Multiple Choice

Michael Porter defined the Five Forces Model and the potential pressures that can hurt sales. Which of the following is not one of the potential pressures that can hurt sales?

• A) Suppliers can drive down profits by charging more for supplies
• B) New market entrants can steal potential investment capital
• C) Substitute products can steal customers
• D) Competition can steal customers

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Definitions:

Kirkpatrick's "Level One"

The first level of Kirkpatrick's model, which assesses participants' immediate reactions to a training program.

Training Managers

Individuals responsible for overseeing the training and development programs within an organization, ensuring they meet the needs of the employees and the business.

Conference Board Of Canada

An independent, not-for-profit research organization that specializes in analyzing and forecasting economic trends, public policy, and organizational performance in Canada.

Training Evaluation

The process of assessing the effectiveness and efficiency of a training program, usually by measuring skill acquisition, knowledge, and attitude changes.