A company that succeeds in differentiating its product offering from those of its rivals can usually
A) avoid having to compete on the basis of simply a low price.
B) charge a price premium for its product (because buyers see its differentiating features as worth something extra) .
C) increase unit sales (because of the attraction of its differentiating product attributes) .
D) gain buyer loyalty to its brand (because some customers will have a strong preference for the company's differentiating features) .
E) All of these.
Correct Answer:
Verified
Q2: In which of the following circumstances is
Q3: A competitive strategy of striving to be
Q4: Which of the following is not one
Q5: Which of the following is not one
Q7: A competitive strategy to be the low-cost
Q7: A low-cost leader can translate its low-cost
Q8: Which of the following is not one
Q11: The major avenues for achieving a cost
Q39: Successful differentiation allows a firm to
A)command the
Q40: A strategy to be the industry's overall
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