When Considering the Impact of Product Differentiation on the Threat

question 48

Multiple Choice

When considering the impact of product differentiation on the threat of rivalry, product differentiation

• A) reduces the threat of rivalry to zero.
• B) increases the threat of rivalry by forcing each firm in an industry to compete directly with one another instead of allowing them to carve out their own unique product niche.
• C) has no impact on the threat of rivalry.
• D) reduces the threat of rivalry because each firm in an industry attempts to carve out its own unique product niche.

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Definitions:

Primary Sex Characteristic

The biological and physical characteristics that are directly involved in reproduction, such as the genitals and reproductive organs.

Reproductive Organs

Organs involved in the reproduction process, including in females the ovaries, fallopian tubes, uterus, and vagina, and in males the testes, vas deferens, and penis.

Facial Hair

Hair growth on the face, occurring typically in men, ranging from mustaches and beards to sideburns, reflecting personal and cultural significance.

Body Hair

The hair that grows on the human body during and after puberty.