When an Organisation Using Market-Based Prices Cannot Differentiate Its Product

question 64

Multiple Choice

When an organisation using market-based prices cannot differentiate its product due to extensive competition, the product:

• A) Is considered a regulated price
• B) Involves more non-value-added activities than value-added activities
• C) Is considered a commodity
• D) Cannot be sold at a profit

---

Definitions:

Rational Way

Approaching situations and problem-solving based on logical reasoning, facts, and systematic thought processes.

Unconscious Processes

Mental activities outside of conscious awareness, influencing thoughts, feelings, and behaviors according to psychoanalytic theory.

Self-actualization

Attaining one's full talents and possibilities, regarded as an innate desire or motivation present in all individuals.

Self-concept

is the mental and conceptual understanding and persistent view individuals hold about themselves, their abilities, and their characteristics.