All of the Following Are Ways a Company Can Differentiate

question 114

Multiple Choice

All of the following are ways a company can differentiate itself or its product EXCEPT ________.

• A) services
• B) channels
• C) price
• D) people
• E) image

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Definitions:

Cash Sales

Transactions in which payment for goods or services is made at the time of sale, typically in cash or equivalent means.

Cash Register

A mechanical or electronic device for registering and calculating transactions at a point of sale.

Voucher System

A control procedure in accounting where vouchers are used to authorize and document transactions before payment is made.

Supporting Documents

Documentation that provides evidence for financial transactions, serving as a basis for recording entries in the accounting system.