A Company Which Can Differentiate Itself by Designing a Better

question 58

Multiple Choice

A company which can differentiate itself by designing a better and faster delivery system that provides more effective and efficient solutions to consumers is most likely using ________ differentiation.

• A) services
• B) channel
• C) image
• D) product
• E) employee

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Definitions:

Crisis Management

The process and strategies used by an organization to deal with sudden and significant negative events that have the potential to harm the organization.

Intuitive Feelers

Individuals who primarily rely on intuition and emotions to make decisions and understand the world around them.

Human Relations

The study and management of how people interact within groups, particularly in a workplace setting, aiming to improve employee morale and productivity.

Externality

A cost or benefit that affects a party who did not choose to incur that cost or benefit, often leading to market failure.