Generally, Industries Are More Attractive When the Threat of Substitutes

question 12

Multiple Choice

Generally, industries are more attractive when the threat of substitutes is ________.

• A) high
• B) low
• C) neutral (neither high or low)
• D) high for manufacturing firms and low for service firms
• E) high for service firms and low for manufacturing firms

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Definitions:

West Coast

Refers to the westernmost coastal states of the United States, typically including California, Oregon, and Washington.

Harlem on My Mind

Refers to the cultural and social flourishing of African American arts and life in Harlem, New York, particularly during the Harlem Renaissance.

Ordinary Blacks

Refers to the everyday lives and experiences of African American individuals who are not prominently known in history or public life but are essential to understanding the broader narratives of black existence.

Harlem Renaissance

The Harlem Renaissance was a cultural, social, and artistic explosion centered in Harlem, New York, during the 1920s, highlighting African American creativity.