The main competitive factor facing newspaper companies is the existence of substitute products and services.

Question

Quizplus · Accepted Answer

With the rise of digital media and the proliferation of online news sources, newspapers are in direct competition with a wide variety of substitute products and services, such as social media, blogs, podcasts, and streaming video. This has put significant pressure on traditional newspaper companies to adapt and innovate in order to stay relevant and competitive in today's fast-changing media landscape.

The Main Competitive Factor Facing Newspaper Companies Is the Existence