Multiple Choice
A substitute poses a greater threat when it ________.
A) operates in a different market in comparison with the focal product
B) has a similar nature to the focal product but operates in a different target market
C) provides the same focal product or service through different means
D) does not directly impact the profitability of another product or service
Correct Answer:
Verified
Correct Answer:
Verified
Q14: Which of the following pairs of products
Q15: New information systems will enable the creation
Q16: Do you think the strategic importance of
Q17: _ are the costs that customers incur
Q18: Which of the following is commonly used
Q20: Which of the following is true of
Q21: _ is a reference point used as
Q22: An IT company uses industry average as
Q23: Videoconferencing has evolved as an alternative for
Q24: The threat of substitutes is high when