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    Contemporary Strategy Analysis Study Set 1
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    Exam 3: Industry Analysis: the Fundamentals
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    For a Specific Product or Service, the Existence of Close
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For a Specific Product or Service, the Existence of Close

Question 35

Question 35

True/False

For a specific product or service, the existence of close substitutes means that customers could switch to these substitutes if prices, service levels or other factors make it in their interests to do so.

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