To Differentiate Their Service, a Provider Can Add ________ to the Package

question 25

Multiple Choice

To differentiate their service, a provider can add ________ to the package of services already provided.

• A) branding
• B) secondary service features
• C) value bundling
• D) primary service features
• E) price bands of like services

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Definitions:

Privately Owned Businesses

Businesses that are owned by individuals or private companies and are not traded publicly on stock exchanges.

Entrepreneurship

The act of creating, managing, and scaling a business venture to generate profit while taking on financial risks.

Flexible

The ability to easily adapt to new, different, or changing requirements, conditions, or situations.

Symbiotic Relationship

A mutually beneficial interaction between two different entities where both benefit from their relationship.