Which of the Following Statements About the Impact of High

question 14

Multiple Choice

Which of the following statements about the impact of high product quality on competitive advantage is true?

• A) It decreases the utility of the products.
• B) It lowers unit costs of the products and allows room for product differentiation.
• C) It adversely affects employee productivity.
• D) It limits the company's ability to differentiate its products.
• E) It increases the need for after-sales services.

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Definitions:

Horizontal Merger

A merger between firms that are in direct competition with each other, operating in the same industry and often in the same markets.

Hertz Rent-a-Car

A global car rental company offering services in various locations, providing customers with temporary vehicles for personal or business use.

Mergers

The process where two or more companies combine to form a single entity, often to enhance market share, efficiency, or competitiveness.

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