Examlex
Which of the following statements is not true?
Product Substitutes
Alternative goods or services that consumers can choose as replacements for another item, usually because they fulfill similar needs or functions.
Buying Power
The capacity of individuals or groups to purchase goods and services, often influenced by income, credit, and economic conditions.
Market Segment
A group of consumers or organizations sharing one or more characteristics that cause them to have similar product and/or service needs.
Dog Grooming
The process of cleaning and hygienic care for dogs, often involving hair trimming, nail clipping, and bathing.
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