Your Boss, Ty Jacob, Has Asked You to Analyze the Music

question 132

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?

• A)Established record labels like EMI, Sony, Universal.
• B)Independent record labels.
• C)Game systems like Wii, social networks like Facebook.
• D)Taylor Swift, Beyoncé, The Beatles, The Stones.

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Definitions:

Inner Forces

The internal drives, desires, or motivations that guide or influence an individual's behavior and decisions.

Behavioral

Relates to the actions or reactions of an object or organism, usually in response to external stimuli.

Continuous Change

a process of ongoing, gradual improvement or evolution in an organization, individual, or system without sudden breaks or leaps.