Which of the following is not a good example of a substitute product that triggers stronger competitive pressures?
A) artificial sweetener as a substitute for sugar
B) wireless phone service as a substitute for a landline telephone
C) Coca-Cola as a substitute for Pepsi
D) digital cameras as substitutes for film cameras
E) video-on-demand services as a substitute for renting movies from a movie rental store

Question

Quizplus · Accepted Answer

Coca-Cola and Pepsi are both similar products in the same market, and they are often considered as competitors, not substitutes. The other options are all examples of substitute products that can put pressure on a company to adjust its strategy or pricing to compete effectively.

Which of the Following Is Not a Good Example of a Substitute