Broad differentiation strategies are well-suited for market circumstances where
A)there are many ways to differentiate the product or service that has value to buyers.
B)most buyers have the same needs and use the product in the same ways.
C)technological changes are slow-paced.
D)barriers to entry are high and suppliers have a low degree of bargaining power.
E)price competition is especially vigorous.

Question

Quizplus · Accepted Answer

Broad differentiation strategies work best in situations where there are numerous ways to differentiate the product or service in ways that provide value to buyers. This enables the company to stand out from competitors and create a unique position in the market.

Broad Differentiation Strategies Are Well-Suited for Market Circumstances Where