Which of the Following Statements Is True

question 120

Multiple Choice

Which of the following statements is true?

• A)A cost of differentiating one's product from another is that some consumers will stop buying it.
• B)Economists are very good at identifying the proper amount of differentiation to bring about maximum benefit to society.
• C)There is no advantage to making one's product slightly different from another successful product.
• D)Product differentiation will succeed only if an existing firm is driven from the market.
• E)Most firms trying to establish themselves try to copy the competition.

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Definitions:

You-attitude

A communication strategy focused on addressing the needs and interests of the audience, often used in business and persuasive writing to establish a positive connection.

You-attitude

A communication approach that focuses on the audience's perspective and needs.

Passive Verbs

A form of verb that indicates the subject of the sentence is the recipient of the action, often making the writing less direct.

Goodwill

The intangible value of a business that arises from brand reputation, customer relationships, intellectual property, and other non-physical assets.