A Differentiation Strategy Can Be Effective in Controlling the Power

question 45

Multiple Choice

A differentiation strategy can be effective in controlling the power of substitutes in an industry because:

• A) buyers are not brand loyal.
• B) substitute products are from a different industry.
• C) customers want the low-cost product.
• D) customers are loyal to a brand offering differentiated features that they value.

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Definitions:

Anxiety Disorder

A group of mental health disorders characterized by significant feelings of anxiety and fear, often leading to behavioral disturbances and physical symptoms.

Motor Tension

Physical manifestations of stress or anxiety, often including muscle tightness or aches.

Apprehensive Expectations

Feelings of anxiety or worry about future events or outcomes, often based on anticipated threats or negative experiences.

Hallucinations

Sensory experiences that occur in the absence of real stimuli.