The Principle of Minimum Differentiation

question 50

Multiple Choice

The principle of minimum differentiation

• A) results in political parties proposing very similar or possibly identical policies.
• B) refers to the tendency of competitors to make themselves different in order appeal to the maximum number of clients or voters.
• C) explains why Burger King, Wendy's, and other fast food restaurants tend to locate far away from each other.
• D) explains why political leaders always strongly point out how they differ from their opponents.

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Definitions:

Company Website

The official online presence of a business, providing information about its products, services, and values.

Retail Store Manager

An individual responsible for overseeing the daily operations, staff, and financial goals of a retail store.

Key Words

Critical or central words that capture the essential aspects of a topic, often used for indexing, searching, or summarizing content.

Customer Satisfaction

A measure of how products or services meet or surpass customer expectations.