New communication technology can impact seemingly unrelated industries such as the airline industry. This would be an example of a

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10-02-2022
Business

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New communication technology can impact seemingly unrelated industries such as the airline industry. This would be an example of a

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Tundexi Tundexi · Answer 1 · 2022-02-18T12:20:34+01:00

An example of a threat from substitute products is when new communication technology impacted unrelated industries such as the airline industry.

What are substitute products?

A substitute products refers to similar product that can be replaced with use of former product by the consumers

In conclusion, the example of a threat from substitute products is when new communication technology impacted unrelated industries such as the airline industry