When a Business Advertises That Its Product Has Unique Features

question 58

Multiple Choice

When a business advertises that its product has unique features that make it superior to other similar products,it is engaging in

• A)Price competition.
• B)Predatory pricing.
• C)Product differentiation.

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Definitions:

Role-Playing

A training technique that requires trainees to assume different identities in order to learn how others feel under different circumstances.

Training Technique

Methods or approaches used to educate, develop skills, or improve the performance of employees or individuals in a specific area.

Learning Organization

A learning organization is one that actively seeks to acquire knowledge and adapt through the experiences of its members to improve its operations and respond to changes.

Knowledge Network

A system or community designed to facilitate the sharing and dissemination of information, expertise, and insights among participants.