The Threat of Substitutes Is High When Alternative Products Are

question 24

True/False

The threat of substitutes is high when alternative products are available.

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Definitions:

Coercion

The practice of persuading someone to do something by using force or threats.

Resistance to Change

Opposition or reluctance to adapt to new situations, processes, or changes within an organization or environment.

Coercion

The practice of forcing another party to act in an involuntary manner by use of threats or pressure.

Resistance to Change

The act of opposing or struggling with modifications or transformations within organizational processes, technologies, or cultures.