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. |
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| Several companies selling the same service try to outspend each other on advertising. |
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| It costs little to try to become a UTube star. |
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