In the Necessity Strategy, Distribution

question 79

Multiple Choice

In the necessity strategy, distribution:

• A) must be significantly better than the competition
• B) have a niche that provides some competitive advantage
• C) match the competition as its role is small.
• D) should be scaled back to minimum levels.

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Definitions:

Advertising

The profession or act of creating promotional content for commercial goods or services.

Standardized Product

Goods that are uniform in quality and specifications, enabling them to be interchangeable with similar products from other producers.

Perfect Competition

A market structure characterized by a large number of small firms, identical products, free entry and exit, and perfect information, leading to price takers.

Noticeable Effect

A significant impact or change that is easily observed or recognized.