XYZ Ltd operates in the plumbing and heating industry.

Vendor: CIPS
Product: L4M2
Update on: Jul 30, 2025
Questions: 237

CIPS L4M2 Question Answer

XYZ Ltd operates in the plumbing and heating industry. The company has developed and patented a new range of alternative products, using a different material from conventional brass that offers substantial cost savings. XYZ Ltd plans to launch the full range of new products. Will this change the impact on competitive forces in the market?

Yes, this development has created substitute products

Yes, this development has created the threat of new entrants

No, this development does not impact supplier bargaining power

No, this development does not impact buyer bargaining power