Examlex

Solved

If the Physical Product Cannot Be Easily Differentiated, the Key

question 144

True/False

If the physical product cannot be easily differentiated, the key to competitive advantage lies in the pricing of the related "services" provided by the manufacturer.


Definitions:

Anesthetic

An anesthetic is a substance that causes the loss of sensation, either locally or generally, to prevent pain during surgical procedures.

Anesthetic

A substance that induces insensitivity to pain, used during surgical procedures to induce loss of sensation or consciousness.

Insensibility

The lack of physical sensation or the inability to react to sensory stimuli.

Pain

An unpleasant sensory and emotional experience associated with actual or potential tissue damage.

Related Questions