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In Porter's five forces model, what is meant by the term 'substitute'? O a. A substitute is an alternative firm that provides the same products
In Porter's five forces model, what is meant by the term 'substitute'? O a. A substitute is an alternative firm that provides the same products for the consumer O b. A substitute refers to an alternative manufacturing process OC. A substitute is an alternative product or service that performs the same function for the consumer d. A substitute is something else consumers would rather spend their money on O e. A substitute is a rival firm offering the same products
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