Differentiation Is a Strategy to Make the Product or Service

question 20

True/False

Differentiation is a strategy to make the product or service different (or appear so in the mind of the buyer) from competitors' products or services.

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Definitions:

Legal Theory Of Negligence

A legal doctrine that makes a person or entity liable for harm caused by failing to act as a reasonably prudent person would under the same circumstances.

Reasonable Person

A hypothetical individual in law whose behavior serves as a standard of care to determine negligence by comparing actions to those expected of a typical person.

Ordinary Prudence

A standard of care that refers to the caution, attention, or skill a reasonable person would use under similar circumstances.

Standard Of Reasonable Care

A legal benchmark which dictates the level of care an ordinary, prudent person should take in a specific situation to avoid harm to others.