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A Firm That Is Able to Create and Sustain Product

question 102

True/False

A firm that is able to create and sustain product and/or service differentiation will most likely be a successful performer in the marketplace.


Definitions:

Reward

A benefit or recognition given for performing a particular action or behavior.

Response

A reaction or action taken by an organism or system as a result of a specific stimulus.

Negative Reinforcer

A stimulus whose removal or avoidance following a behavior increases the frequency of that behavior in the future.

Electric Shock

A sudden discharge of electricity through a part of the body, causing a sharp and often painful reaction.

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