A product strategy may focus on differentiation, low cost, or rapid response.

Name: A product strategy may focus on differentiation, low cost, or rapid response.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A product strategy can be based on differentiation (offering unique features that set the product apart from competitors), low cost (offering a product at a lower price than competitors), or rapid response (quickly adapting to changes in the market or customer needs).

A Product Strategy May Focus on Differentiation, Low Cost, or Rapid