In Porter's Five Competitive Forces model, "competition from substitute goods or services" refers to
A) substitute products that come from outside the industry.
B) substitute products that come from foreign competitors in the same industry.
C) substitute products that come from domestic competitors in the same industry.
D) competition from producers of substitutes who outsource their production.
A
Economics
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a. Higher b. Lower c. The same d. None of the above
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