What Are the Components of the Five-Forces Model of Industry

question 175

Short Answer

What are the components of the five-forces model of industry structure?

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Definitions:

Standardized Tests

Assessments administered and scored in a consistent, or "standard," manner, used widely in education and psychology.

Qualifications

The credentials, skills, or achievements that make an individual suitable for a particular job or activity.

Educational Testing

The process of evaluating academic knowledge, skills, abilities, or performance through formalized tests and assessments.

Interpreting Test Results

The process of analyzing and understanding the significance of the outcomes derived from psychological or educational testing.