In Porter's Framework,the Stronger the Five Forces,the More Limited the Ability

question 63

True/False

In Porter's framework,the stronger the five forces,the more limited the ability of established companies to raise prices and earn greater profits.

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Definitions:

Organizational Effectiveness

A measure of how successfully an organization achieves its goals and objectives.

Resource Dependency

A theory that suggests organizations depend on resources in their environment to survive, which influences their behavior and strategies.

Environmental Uncertainty

The extent to which an organization lacks information about its external environment, making it difficult to predict future events or trends.

Environmental Impact

The effect or influence of human activities on the natural environment, including both negative and positive consequences.