Which of the Following Is True If the Threat from Substitutes

question 8

Multiple Choice

Which of the following is true if the threat from substitutes is strong?

• A)Competitors' products are of a lower quality.
• B)Competitors are yet to overcome the entry barriers.
• C)Customers are likely to switch to competitors' products.
• D)Prices of competitors' products are higher.

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Definitions:

Earn

To receive payment or reward in exchange for work or services provided.

First Year

The initial period or stage in a specific context, such as a student's first year in college or the first year of operation for a business.

Appearance

The way that someone or something looks, often important in forming impressions in social and professional contexts.

Negative Comments

Remarks or feedback that focus on criticism or highlight flaws and issues, which can impact the recipient's motivation and confidence.