Determining How Strong the Threat of Substitutes Will Be Entails

question 84

Multiple Choice

Determining how strong the threat of substitutes will be entails

• A)identifying the relative price/performance relationship of the substitutes, the switching costs, and the overall buyer demand for the substitute.
• B)identifying the attractiveness of other industries.
• C)measuring Coke as a substitute for Pepsi and applying dynamic simulation modeling techniques.
• D)adopting a substitute product concentration factor to the buyer volume.
• E)judging whether industry members are capable of self-manufacturing their products.

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Definitions:

Extemporaneous Delivery

A method of speaking where the delivery is improvised around a structured outline, rather than memorized or read from a script.

Greeting

A polite word or sign of welcome or recognition, often used at the beginning of communication to express goodwill.

Friendliness And Confidence

Exhibiting a pleasant, kind demeanor coupled with assurance and self-reliance in interactions.

Spell-Check Feature

A function within digital writing tools that identifies and corrects spelling mistakes automatically.