When an organization qualifies its product or service in a way that allows it to appear unique in the marketplace, this is called:
A) Focus
B) Differentiation
C) Cost Leadership
D) Business Strategy
E) Mission

Question

Quizplus · Accepted Answer

Qualifying a product or service in a way that makes it appear unique in the marketplace is known as differentiation. It is a key component of a business's competitive strategy and involves distinguishing oneself from competitors by focusing on specific areas such as quality, features, design, and customer service.

When an Organization Qualifies Its Product or Service in a Way