All of the Following,except One,are Benefits of Product Differentiation

question 28

Multiple Choice

All of the following,except one,are benefits of product differentiation.Which is the exception?

• A)There is a wide variety of products for consumers to choice from.
• B)There are a large number of sellers from which consumers can choose.
• C)Goods are produced at the minimum average cost.
• D)Consumers benefit in terms of the locations and hours of operation of sellers.

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Definitions:

Frequent Travel

Regular and often travel, either for work, leisure, or other purposes.

Interviews

A process in which an interviewer asks questions to a candidate to assess their suitability for a job, scholarship, or other opportunities.

Power Distance

A cultural dimension that reflects the degree to which individuals in a society accept and expect power to be distributed unequally.

Seniority

The concept of preferring individuals for certain privileges, positions, or responsibilities based on their length of service or experience in a particular organization or profession.