Which of the Following Is Not a Good Example of a Substitute

question 78

Multiple Choice

Which of the following is not a good example of a substitute product that triggers stronger competitive pressures?

• A) Artificial sweetener as a substitute for sugar
• B) Wireless phone service as a substitute for a landline telephone
• C) Coca-Cola as a substitute for Pepsi
• D) Digital cameras as substitutes for film cameras
• E) Video-on-demand services as a substitute for renting movies from a movie rental store

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Definitions:

Warranty of Title

A legal guarantee provided by the seller that they have the right to sell the property and that it is free from any claims or liens.

Patent Infringement

The unauthorized use or sale of a patented invention.

Implied Warranty

A legal concept that guarantees a product will meet basic quality and functionality standards, even if not explicitly stated in a contract.

Intellectual Capital

is the intangible value of an organization's knowledge, experience, and intellectual assets, contributing to its competitive edge.