The Differentiation Strategy Is Ineffective for Products That Are Expensive

question 110

True/False

The differentiation strategy is ineffective for products that are expensive, luxury consumer goods.It is best used for common, inexpensive products such as donuts.

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Definitions:

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Acquired knowledge or skills through experience, study, or being taught.

Learning

A relatively permanent change in behavior, knowledge, capability, or attitude that is acquired through experience and cannot be attributed to illness, injury, or maturation.

Intuition

The ability to understand something instinctively, without the need for conscious reasoning.

Reinforcement

Any event that follows a response and strengthens or increases the probability that the response will be repeated.