Fortunately,substitute products are not a threat if a company is the market leader.

Name: Fortunately,substitute products are not a threat if a company is the market leader.
Brand: Quizplus
Rating: 4.8 (35 reviews)

Question

Quizplus · Accepted Answer

Even if a company is the market leader, substitute products can still be a threat as they can potentially attract customers away from the company's offerings. The market leader may have to constantly innovate and improve their products to maintain their dominant position.

Fortunately,substitute Products Are Not a Threat If a Company Is