Asked by Bruce Eugine on Jul 24, 2024
Verified
If there are _________ alternatives to an organization's products or services, then the threat of substitutes is high; if there are _________ alternatives, then the threat is low.
A) few; few
B) few; many
C) many; few
D) many; many
Alternatives
Other options or choices available to businesses or individuals when making decisions, reflecting the diversity of possible approaches or solutions.
Substitute
A person or thing acting in place of another, often used in the context of replacing an original item or role with an alternative.
Threat
A possible danger that might exploit a vulnerability to breach security and cause possible harm to a system or organization.
- Identify the role of substitute products or services in shaping industry threat levels.
Verified Answer
Learning Objectives
- Identify the role of substitute products or services in shaping industry threat levels.
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