Higher the Barriers to Entry in an Industry,greater Is the Threat

question 94

True/False

Higher the barriers to entry in an industry,greater is the threat of competition.

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Definitions:

Expectancy

In the context of motivation, expectancy is the belief that one's effort will lead to attainment of desired performance goals.

Instrumentality

The perception that a specific behavior will lead to a particular outcome.

Corporate Ladder

A metaphorical depiction of a hierarchy within a corporation, where individuals can ascend through promotions and career advancement.

Instrumentality

The perception of a relationship between performance and the attainment of desired outcomes or rewards.