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Strategy

Lecture 1-2: Strategy Equation & External Analysis

Comprehensive exam-preparation quiz covering the foundations of strategy, strategic choices, dependence, market vs non-market actors, case method caveats, PESTEL, Porter’s Five Forces, concentration, elasticity, and buyer/supplier power.

Question 44 of 50

In Porter's Five Forces, what are substitutes?

Pick one: press 1-4 on your keyboard or click an option.
A

New firms entering the same industry

B

Products from a different industry that meet the same customer need

C

Suppliers that vertically integrate

D

Products from the same firm sold under another brand