If Customers Perceive the Benefits of a Substitute to Be

question 44

Multiple Choice

If customers perceive the benefits of a substitute to be similar to that of a product then ________.

• A) the threat of the substitute is weak
• B) the price should be increased to retain market
• C) the threat from the substitute is strong
• D) there is no threat from the substitute

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Definitions:

Transcranial Magnetic Stimulation

A procedure that applies magnetic fields in a non-invasive manner to stimulate brain nerve cells, aiming to alleviate symptoms of specific mental health issues.

Ritalin Therapy

Ritalin therapy involves the use of the stimulant medication Ritalin to treat conditions such as ADHD, by improving attention and reducing impulsivity.

Attention-Deficit/Hyperactivity Disorder

A neurodevelopmental disorder characterized by patterns of inattention, hyperactivity, and impulsivity that are more frequent and severe than typically observed in individuals at a comparable level of development.

Academic Performance

Refers to how students deal with their studies and how they cope with or accomplish different tasks given to them by their teachers.