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Porter's Five Forces Model Outlines the Process for a Sales

question 93

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Porter's Five Forces Model outlines the process for a sales strategy.


Definitions:

Tort Of Deceit

A legal wrong involving the intentional misrepresentation of fact, with the aim of making someone rely on it to their detriment.

Non Est Factum

“It is not my act”—grounds for a court to declare a contract void because a party is unaware of the nature of the contract.

Misrepresentation

A false statement of fact that induces someone into entering a contract.

Damages

Monetary compensation that is awarded to a person as a remedy for harm or injury they have suffered due to another's actions.

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