Which of the following statements is true about the differentiation strategy?
A) It enables a firm to sell products at lower prices and still make profits.
B) It enables a firm to charge more for its products.
C) It is aimed at reducing production costs by using inexpensive raw materials.
D) It involves making simple, low-priced products for the mass market.
E) It cannot be used by companies that only offer services.
Correct Answer:
Verified
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