user1234536
14.04.2020 •
Business
Which of the following is NOT a good example of a substitute product that triggers stronger competitive pressures?: Select one: a. Artificial sweetener as a substitute for sugar b. Coca-Cola as a substitute for Pepsi c. Digital cameras as substitutes for film cameras d. Wireless phone service as a substitute for a landline telephone
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Ответ:
Statement that can not be regarded as a good example of a substitute product that triggers stronger competitive pressures is
Coca-Cola as a substitute for Pepsi.According to the questions, we are required to discuss good example of a substitute product that triggers stronger competitive pressures.
As a result of this we can see that Artificial sweetener as a substitute for sugar can be regarded as a good example.
Therefore, Coca-Cola as a substitute for Pepsi can not be regarded as a good example of a substitute product.
Learn more about substitute product at:
link
Ответ:
The correct answer is letter "B": Coca-Cola as a substitute for Pepsi.
Explanation:
Substitutes that trigger stronger competitive pressures are those that threaten goods or services to wipe them out from the market. They are usually products that carry a revolutionary technology with it that attracts consumers. Under such a scenario, some companies take advantage of their positions in the market to purchase the revolutionary firm or imitate its technology not to lose market share.
Therefore, Coca-Cola as a substitute for Pepsi would not trigger strong competitive pressures since both corporations offer similar products.
Ответ:
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