Which of the Following Is Not One of the Examples

question 20

Multiple Choice

Which of the following is not one of the examples of Porter's threat of substitute products and services?

• A)Relative performance of substitutes.
• B)Relative price of substitutes.
• C)Switching costs.
• D)Buyer propensity to substitute.
• E)Economies of scale.

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Definitions:

Indivisible Opposition

A term suggesting a unified stance or group that cannot be divided or conquered easily, often used in political contexts.

High Profile Celebrities

Individuals with widespread fame and media attention, often influencing public opinion and trends through their actions and public appearances.

Social Activists

Individuals who actively promote, impede, or direct social, political, economic, or environmental reform or stasis with the desire to make improvements in society.

United States

A country in North America comprising 50 states, a federal district, and several territories, known for its significant global influence in economic, political, and cultural affairs.