Intel’s former CEO Andy Grove stated that Michael Porter neglected an important force known as complementors, while identifying the five competitive forces that determine industry structure. What does ‘complementors’ refer to?
a. The threat of new entrants limiting the profit potential in an industry
b. The dependence that develops between companies whose products work in conjunction
with each other’s
c. The threat of substitute products or services
d. Powerful buyers or suppliers who bargain away profits for themselves
b. The dependence that develops between companies whose products work in conjunction
with each other’s
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Effective report writers ________ an original passage by restating it in their own words and in their own style
Fill in the blank(s) with correct word
____ have the ability to either help or hinder your social objections.
a. Powerful stakeholders b. Discretionary stakeholders c. Demanding stakeholders d. Dependent stakeholders
As capacity utilization increases, it becomes less important to perform aggregate planning
Indicate whether the statement is true or false.
The ______ principle is based on the notion that when opportunities are less available, they appear more valuable.
A. liking B. social proof C. scarcity D. reciprocity