GLAMOR GAL is a popular cosmetics company.Although it is gaining in popularity among younger women,its promotional strategy continues to focus on the shadow-free finish that it produces on almost any skin type.Due to the fact that its industry faces monopolistic competition,the company knows that it must continue to differentiate itself from the competition.
Level of Learning 3: Application of principles

Question

Quizplus · Accepted Answer

The statement applies the concept of differentiation and monopolistic competition, which requires the company to set itself apart from its competition by promoting its unique qualities. This shows an application of principles.

GLAMOR GAL Is a Popular Cosmetics Company