Through ________,Brands Can Be Differentiated on Features,performance,or Style and Design

question 91

Multiple Choice

Through ________,brands can be differentiated on features,performance,or style and design.

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

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Definitions:

Constant Cost Industry

An industry in which the costs of production do not change as the industry's output changes, maintaining the same unit cost for production regardless of scale.

Demand

The quantity of a product or service that consumers are willing and able to purchase at various prices over a given period of time.

Supply

The total amount of a product or service available for purchase at any specified price.

Firms

Business organizations engaged in commercial, industrial, or professional activities, aiming to earn a profit.