Which of the following about "threat of substitute products or services" is NOT true: O a. Substitute products appear to be different, but satisfy the same need as another product. O b. If the cost of switching is low, substitutes may have a strong effect on an industry. O c. Identifying substitutes is relatively easy since they look similar. O d. Possible substitute products or services may not appear to be easily substitutable.

Which of the following about "threat of substitute products or services" is NOT true: O a. Substitute products appear to be different, but satisfy the same need as another product. O b. If the cost of switching is low, substitutes may have a strong effect on an industry. O c. Identifying substitutes is relatively easy since they look similar. O d. Possible substitute products or services may not appear to be easily substitutable.

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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