Substitute products
A)reduce the attractiveness and profitability of an industry.
B)represent those items manufactured by direct rivals within an industry.
C)are usually cheaper than the products they can replace.
D)are always a serious threat to rivals in an industry.

Question

Quizplus · Accepted Answer

Substitute products can reduce the attractiveness and profitability of an industry by providing consumers with alternative options, potentially leading to decreased demand for the industry's products.

Substitute Products