Question: You are using the five forces model. You find that the substitutability threat is very high. Your best strategy, if possible, would be to: Differentiate

You are using the five forces model. You find that the substitutability threat is very high. Your best strategy, if possible, would be to:
Differentiate your product
Seek horizontal integration
Litigate, or sue your competitor
Seek forward integration
Seek backward integration
Enter into a joint venture

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!