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Your Boss,Ty Jacob,has Asked You to Analyze the Music Industry

question 70

Multiple Choice

Your boss,Ty Jacob,has asked you to analyze the music industry using Porter's five-forces model.Which of the following represents the threat of substitute products or services in the music industry?


Definitions:

Exchange Control

Restriction on importation of certain products or against certain companies to reduce trade and expenditures of foreign currency.

Domestic Capital

Financial assets and resources available within a country, including savings and investments, that are used for economic growth.

Foreign Corrupt Practices Act

A U.S. law that prohibits companies from bribing foreign officials to obtain or retain business.

General Agreement

A broadly defined consensus or mutual understanding between parties on a range of issues or terms of engagement.

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