Question: An organization faces the least uncertainty when the environment is__________________. a. complex and dynamic b. simple and stable c. simple but dynamic d. complex but

An organization faces the least uncertainty when the environment is__________________.

a. complex and dynamic

b. simple and stable

c. simple but dynamic

d. complex but stable

For each example presented in the table, identify the corresponding competitive force from Michael Porters model.

Example of a Competitive Force

Threat of New Entrants

Competitive Rivalry

Threat of Substitute Products

Power of Buyers

Power of Suppliers

Not many people patronize the opera, so the opera director stages the patrons favorite operas.

Several companies selling the same service try to outspend each other on advertising.

It costs little to try to become a UTube star.

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