The Threat of Substitute Products or Services Refers to the Power

question 33

True/False

The threat of substitute products or services refers to the power of competitors to enter a new market.

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Definitions:

Inventory

Goods and materials that a business holds for the ultimate goal of resale, production, or utilization in manufacturing.

Net Cash

The difference between cash inflows and outflows within a given period.

Investing Activities

Financial transactions related to the acquisition or disposal of long-term assets and investments not included in cash equivalents.

Net Cash

The amount of cash available after all cash inflows and outflows have been accounted for over a specific period.