Question

Which of the following is not a good example of a substitute product that triggers stronger competitive pressures? A. video-on-demand services from a cable TV company as a substitute for going to the movies B. a salad as a substitute for French fries C. wireless phones as a substitute for wired telephones D. snowboards as a substitute for snow skis E. Coca-Cola as a substitute of Pepsi

Answer 1

Answer:

The correct solution to either the following question seems to be Option E (Coca-Cola as a substitute for Pepsi ).

Explanation:

• A substitute product seems to be a product of some other sector that offers integrated values to the customer as the commodity manufactured by organizations in the same organization.
• These goods are alternatives because they meet identical market requirements and have substantial demand elasticity. Of example, the price of Pepsi seems to have a strong connection with the market of Coke.

Other possibilities aren't related to something like the scenario in question. And the latter reaction is the correct one.