High Fixed Costs Is a Factor in Which of the Five

question 46

Multiple Choice

High fixed costs is a factor in which of the five forces?

• A) Threat of entry
• B) Substitute products
• C) Jockeying for position
• D) Powerful suppliers

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Definitions:

Theory of Work Adjustment

A theory explaining the relationship between individuals and their work environments, focusing on the compatibility between individual needs and skills and job demands and rewards.

Achievement

The act of accomplishing or achieving something significant thanks to one's effort or skill, often leading to a sense of fulfillment or pride.

Disequilibrium

A state of imbalance or instability in a system or market, often temporary, where supply and demand do not match.

Job Tenure

The length of time an individual remains employed in a particular job or with a single employer, often associated with job satisfaction and career progression.