If There Are _________ Alternatives to an Organization's Products or Services

question 22

Multiple Choice

If there are _________ alternatives to an organization's products or services, then the threat of substitutes is high; if there are _________ alternatives, then the threat is low.

• A) few; few
• B) few; many
• C) many; few
• D) many; many

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Definitions:

Stereotyping

Involves making generalized beliefs or assumptions about the characteristics of all members of a group, based on simplified perceptions or experiences.

Multiculturalism

The presence and coexistence of diverse cultural groups in a society, celebrated for the enrichment it brings.

Global-Mindset

A global-mindset is the ability to appreciate and influence individuals, businesses, and cultures in a global context.

Global Mindset

The ability to appreciate and navigate diverse cultures, perspectives, and practices in global business environments.