The only way to exploit successful differentiation is to keep prices the same or only increase them moderately, leading to increased demand, economies of scale and lower costs which results in higher profitability and profit growth.
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Q8: In commodity markets, competitive advantage goes to
Q9: A generic business-level strategy is a strategy
Q10: A company has a competitive advantage if
Q11: The brand loyalty enjoyed by the differentiated
Q12: An efficiency frontier shows of the complete
Q14: A company that already has a low-cost
Q15: At its most basic, a firm's business-level
Q16: When a company decides to pursue a
Q17: Differentiation can help a company grow overall
Q18: Companies that focus on the higher-income or
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