_____ Determine the Rivalry Among Existing Firms

question 55

Multiple Choice

_____ determine the rivalry among existing firms.

• A)New entrants to the market
• B)The bargaining power of suppliers
• C)The bargaining power of buyers
• D)The threat of substitute products or services
• E)Industry competitors

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Definitions:

Staff Motivation

The level of energy, commitment, and creativity that a company's workers bring to their jobs.

Goal Congruence

Goal congruence refers to the alignment of objectives among different members or parts of an organization, ensuring that all efforts contribute towards the overarching goals.

Gainsharing

A performance-based compensation strategy where employees receive benefits from cost-saving measures or productivity increases.

Cash Bonuses

Additional compensation awarded to employees as a one-time payment for achieving specific performance targets or for special recognition.