The Differentiation Strategy Can Be Effective in Controlling the Power

question 47

Multiple Choice

The differentiation strategy can be effective in controlling the power of rivalry in an industry because:

• A)customers will seek out the lowest-cost product
• B)customers have no loyalty
• C)customers are loyal to brands that satisfy their differentiated needs
• D)the differentiation strategy benefits from rivalry

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Definitions:

Transmitting Gas

The process of moving natural gas from its production sites to consumers or storage facilities via pipelines or other transportation methods.

Emergency

A sudden, unexpected situation requiring immediate action to prevent a disaster or harm.

Reasonable Conduct

Behavior expected from an individual under certain circumstances, judged according to a standard of what is considered rational or sensible.

Negligence Lawsuit

A legal claim brought against someone who is accused of failing to exercise a level of care that someone of ordinary prudence would have in a similar situation, resulting in harm or damage.