Which of the Following Is Not Descriptive of the Threat

question 45

Multiple Choice

Which of the following is not descriptive of the threat of substitute products or services?

• A) Substitute products appear to be different, but satisfy the same need as another product.
• B) If the cost of switching is low, substitutes may have a strong effect on an industry.
• C) Identifying substitutes is relatively easy since they look similar.
• D) Possible substitute products or services may not appear to be easily substitutable.
• E) Substitutes limit the potential returns of an industry.

Understand the impact of social media on business strategies and advertising practices.

Analyze the various types of synergies within organizations and their strategic implications.

Apply the ecosystem concept to business and assess its contribution to strategic thinking.

Evaluate Porter's generic competitive strategies and their application in strategic decision-making.

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Definitions:

Leadership

A process by which an individual influences others to achieve a common goal.

Gender Demographics

Statistical analysis and distribution of populations based on gender, often used in sociological research, marketing, and policy development.

Leadership

The act of guiding or influencing people towards the achievement of a goal.

Leadership Effectiveness

The degree to which a leader is able to inspire, motivate, and enable individuals or teams to contribute towards the achievement of organizational goals.