Explain the Influences on the Threat of Potential Entrants into a Market

question 23

Essay

Explain the influences on the threat of potential entrants into a market according to Porter's five-force model.

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Definitions:

Theoretical Background

The framework of theories, concepts, and ideas that underpin a particular study or research project.

Unconditional Positive Regard

a term coined by psychologist Carl Rogers referring to accepting and respecting others as they are without judgment or evaluation.

Empathy

The ability to understand and share the feelings of another, an important component of emotional intelligence and interpersonal relationships.

Reflection

The act of giving serious thought or consideration to one's actions, beliefs, or life experiences, often leading to insights.