Blockbuster Video went out of business in 2013, negatively impacted by streaming services such as Netflix, which demonstrates ________, one of Michael Porter's competitive forces.

Question

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The rise of streaming services like Netflix as alternatives to traditional video rental stores exemplifies the "threat of substitutes," one of the five forces in Michael Porter's competitive forces model, which can impact the competitiveness and profitability of an industry.

Blockbuster Video Went Out of Business in 2013, Negatively Impacted