Examlex
Which of these statements could a salesperson use as a denial response to a prospect's objection?
Product Differentiation
The strategy of distinguishing a product from others in the market by emphasizing its unique features, benefits, and attributes.
Size Distribution
Refers to the variation in size among entities in a population, such as companies within an industry or incomes among individuals.
Market Power
The ability of a company or entity to influence the price or terms of products in the market to its advantage, often because of its size or market share.
Contestable Markets
Markets where entry and exit are costless or very low, making the market susceptible to potential competition.
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