The competitive pressures from substitute products tend to be stronger when:
A) good substitutes are readily available and priced above the market.
B) there are more than 10 sellers of substitute products.
C) the quality and performance and other attributes of the substitutes is viewed as being comparable or better in meeting buyer's requirements.
D) buyers have high psychic costs in severing existing brand relationships and establishing new ones.
E) Switching costs are high,thereby making it easier for the sellers of attractive substitutes to lure buyers to the offering.
Correct Answer:
Verified
Q32: In which of the following instances are
Q43: Which one of the following is NOT
Q44: The higher the switching costs for industry
Q45: Which of the following is NOT a
Q46: The lower the price of product substitutes,the
Q47: The strength of competitive pressures that suppliers
Q49: Supplier bargaining power is weaker when:
A) good
Q50: Industry rivals tend to experience weak competitive
Q51: Just how strong the competitive pressures are
Q52: In which one of the following instances
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents