Which Type of Differentiation Is Used to Gain Competitive Advantage

question 12

Multiple Choice

Which type of differentiation is used to gain competitive advantage through the way a firm designs its distribution coverage,expertise,and performance?

• A)people differentiation
• B)services differentiation
• C)channel differentiation
• D)price differentiation
• E)product differentiation

Comprehend the legal process and consequences of offer and acceptance in contract formation.

Define and explain the concept of consideration in contract law.

Identify the significance and application of promissory estoppel.

Examine the requirements for consensus and mutual understanding in contracts.

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Definitions:

Essential Links

Critical connections or relationships that are fundamental to the functioning or success of a system, process, or structure.

Communication Process

The series of steps through which information is transmitted and received between sender and receiver, involving encoding, media, decoding, and feedback.

Chainlike Communication

A linear method of information transfer where messages are passed sequentially from one person to another among multiple participants.

Sending An Idea

The act of transmitting a thought or concept from one individual to another or to a group, typically aiming for understanding or action.