How Can a Company Reduce the Threat of Substitute Products

question 212

Multiple Choice

How can a company reduce the threat of substitute products or services?

• A)Market the product to less than ten customers.
• B)Ignore competitive forces.
• C)Offer additional value through wider product distribution.
• D)Offer less value making the product far more generic and similar to the competition.

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Definitions:

Gender Roles

The societal norms and behaviors that are expected from individuals based on their assigned or perceived sex.

Gender Identity

An individual's personal sense of their own gender, which may or may not correspond with their sex assigned at birth.

Gender-typing

The process by which individuals learn to conform to cultural norms and expectations regarding their biological sex, often influencing behavior, interests, and personal identity.

Identification

The psychological process where an individual assimilates an aspect, property, or attribute of another and is transformed, wholly or partially, by the model the other provides.