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CIPS Exam L4M6 Topic 3 Question 57 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 57
Topic #: 3
[All L4M6 Questions]

A competitor develops an alternative type of vacuum cleaner to one produced by your organization. Is this an example of the threat of substitutes, one of the five forces of competition described by competitive forces theory?

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Suggested Answer: B, C

The correct answers are information sharing and trust. Further qualitative KPIs are listed on p.102. Deliveries in full and on time would be a quantitative KPI and early supplier involvement is not a KPI at all.


by Noel at Jan 12, 2025, 04:09 PM

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Hailey
4 days ago
I agree with Phuong. This is a classic case of the threat of substitutes, where a competitor's product can potentially replace the one produced by the organization.
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Phuong
9 days ago
The correct answer is A. The development of an alternative vacuum cleaner is definitely an example of the threat of substitutes, as customers may switch to the competitor's product.
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Jaclyn
23 days ago
A) Yes, customers may switch to alternative products because they offer similar benefits
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Franchesca
24 days ago
C) No, it does not serve the same purpose
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Kanisha
25 days ago
A) Yes, customers may switch to alternative products
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