Organizations That Adopt a Differentiation Strategy

question 89

Multiple Choice

Organizations that adopt a differentiation strategy:

• A)Increase profit margins by keeping financial costs lower than those of competitors,while still maintaining price and quality at roughly the same level as competitors.
• B)Offer unique products or services for which buyers are willing to pay a premium price.
• C)Choose a small niche in the overall market and concentrate only on that niche market.
• D)Offer products and services to buyers at a discounted price in a quest to obtain buyers.

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Definitions:

Editorial Style

Guidelines or standards adopted by an organization or publication to ensure consistency in writing style, language, practices, and formatting.

Participant Race

Refers to the racial background of individuals taking part in a study, which can influence outcomes and interpretations, highlighting the need for diversity in research samples.

Google Slides

A web-based presentation program included in the Google Drive service allowing users to create, edit, and present slideshows online.

PowerPoint

A presentation program developed by Microsoft, used to create visual aids for presentations by combining text, graphics, and multimedia.