What are these possible competing products

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Reference no: EM133441565

Questions: Analyze the Threat of Substitute Products Describe the bargaining power of suppliers in the new industry (The new industry that would be a good fit for our company is Electric Vehicle engines]. Assess the threat of substitute products in the new industry. Be sure to answer the following questions:

  • Are other products emerging in this industry that might compete with existing products?
  • What are these possible competing products?
  • Are these possible competing products cheaper to produce than the industry's current products?
  • Are these possible competing products better in other ways?
  • Could these possible competing products force your company out of the market?

Reference no: EM133441565

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