Differentiation can help a company grow overall demand and capture market share from its rivals.

Name: Differentiation can help a company grow overall demand and capture market share from its rivals.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

By offering a unique product or service that sets them apart from competitors, a company can attract new customers and retain existing ones, ultimately resulting in overall demand growth and an increased market share. This is the concept of differentiation.

Differentiation Can Help a Company Grow Overall Demand and Capture