Your boss, Ty Jacob, has asked you to analyze the music industry using Porter's Five Forces model. Which of the following represents the threat of substitute products or services in the music industry?
A. Independent record labels.
B. Established record labels like EMI, Sony, Universal.
C. Game systems like Wii, social networks like Facebook.
D. Taylor Swift, Beyoncé, The Beatles, The Stones.
Answer: C
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