Examlex
The stage to prepare for evaluating a training program is
Competitive Forces
Market dynamics that impact the competitive landscape, often analyzed through frameworks like Porter's Five Forces, including threats from new entrants, bargaining power of suppliers and buyers, threats from substitute products, and rivalry among existing competitors.
Porter
Often associated with Michael E. Porter, an economist who developed the Five Forces Framework to analyze competitive forces within an industry.
Framework
A basic structure underlying a system, concept, or text.
Financial Crisis
A situation where the value of financial institutions or assets drops rapidly and the overall economy faces significant difficulties.
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