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

Question

Malcolm Lam

Business

27 May, 14:11

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

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Marely · Answer 1

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.