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:

Running Apps

Applications that are currently active and executing tasks in a computing device's memory.

Memory

An electronic function in computers and digital devices that stores data and program instructions for future use.

Operating System

The software that manages computer hardware, software resources, and provides common services for computer programs.

Manage Memory

The process of overseeing and controlling the allocation of computer memory resources to optimize performance.