Which of the Following Constitutes an Advantage of the Differentiation

question 74

Multiple Choice

Which of the following constitutes an advantage of the differentiation strategy?

• A) It creates an ability to obtain premium prices from customers.
• B) Companies following this strategy do not need to spend significant funds on advertising.
• C) Companies following this strategy depend on their ability to reduce the price to drive competition out of the market.
• D) Customers always prefer a product with features rather than a cheaper alternative.
• E) Customers are always eager to pay extra to obtain the unique features that a firm is trying to build its strategy around.

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Definitions:

Stressful Circumstances

Situations or conditions that cause stress, anxiety, or strain.

Aggressive-rejected

Refers to individuals, typically children or adolescents, who are not accepted by peers because of their aggressive, confrontational behavior.

Bully-victims

Individuals who are both perpetrators and victims of bullying behaviors.

Relational Aggression

Nonphysical acts, such as insults or social rejection, aimed at harming the social connection between the victim and other people.