Question: What effect does a differentiation strategy usually have on the threat of substitutes? Differentiation reduces the threat of substitutes by moving the firm's product closer

What effect does a differentiation strategy usually have on the threat of substitutes? Differentiation reduces the threat of substitutes by moving the firm's product closer to other substitutes Differentiation reduces the threat of substitutes by enabling a firm to create more value Differentiation increases the threat of substitutes by emphasizing differences in the products None of these

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