Firms that effectively differentiate their products from their competitors' products do so by having:

Name: Firms that effectively differentiate their products from their competitors' products do so by having:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Effective differentiation can be based on either real differences (such as unique features or superior quality) or perceived differences (such as branding or marketing that creates a unique image in the consumer's mind). Both strategies can make a product stand out from its competitors.

Firms That Effectively Differentiate Their Products from Their Competitors' Products