Name product or service for which there are many substitutes


Problem

a) Name a couple (at least two) industries that it is relatively easy for people/companies to enter (i.e. high threat of new entrants)?

b) Name a product or service for which there are many substitutes?

c) Name a product or service for which there are few, or no, substitutes?

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Business Management: Name product or service for which there are many substitutes
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