Which of the Following Is Not a Good Example of a Substitute

question 89

Multiple Choice

Which of the following is not a good example of a substitute product that triggers stronger competitive pressures?

• A)a salad as a substitute for French fries
• B)wireless phones as a substitute for wired telephones
• C)Coca-Cola as a substitute for Pepsi
• D)snowboards as a substitute for snow skis
• E)video-on-demand services from a cable TV company as a substitute for going to the movies

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Definitions:

Accounts Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Accumulated Depreciation-Building

The total amount of depreciation expenses that have been charged against a building asset over its useful life, reducing its book value.

Advertising Expense

The costs incurred in promoting products or services to potential customers through various media outlets.

Cost of Goods Sold

Cost of Goods Sold (COGS) is the direct costs attributable to the production of the goods sold by a company, including material and labor costs.