Technology Industry Analyses: Threat of Substitute Products, Business and Finance homework help

do some research and analyze the the five forces of ;the industry.

the industry we pick is Technology ,and my task is to analyze the one of the five forces of Competition Model, which is the Threat of Substitute Products .

Threat of Substitute Products

• the threat of ;substitute ;products increase when

; ; ; ;-buyers face few switching cost.

; ; ; ;-the substitute product’s price is lower ;

; ; ; ;-substitute product’s quality and performance are equal to greater than the existing product.

*differentiated industry products that are valued by customers reduce this threat

Need about half page ;brief analysis ;of the Threat of Substitute Products in the Technology Industry , you only talk about the industry as a whole not a specific firm