A Firm Can Survive and Succeed in the Long Run

question 1

Short Answer

A firm can survive and succeed in the long run if it successfully develops strategies to confront the five _______________ forces that shape the structure of competition in its industry.

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Definitions:

Maslow

Abraham Maslow, a psychologist known for creating Maslow's hierarchy of needs, which is a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Unconscious Fixations

Deeply held impulses or patterns of thought rooted in one's subconscious mind, influencing behavior or attitudes.

Unresolved Conflicts

Issues or disagreements that have not been successfully addressed, leading to ongoing tension or distress.

Sigmund Freud

An Austrian neurologist known for founding psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.