If Customers Perceive the Benefits of an Alternative to Be

question 16

Multiple Choice

If customers perceive the benefits of an alternative to be similar to that of a product,then the ________.

• A) switching cost is high
• B) price of the product should be increased to retain market share
• C) threat from the substitute is strong
• D) customers' bargaining power decreases

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Definitions:

I46.9

A medical code indicating unspecified cardiac arrest, as categorized in the International Classification of Diseases (ICD).

Fast Heartbeat

A condition, also known as tachycardia, where the heart rate is faster than normal, often due to stress, exercise, or medical conditions.

Dyspnea

Difficulty or discomfort in breathing, often described as shortness of breath.

Crescendo Angina

A form of angina that intensifies in severity or frequency, indicating a heightened risk of a heart attack.