Examlex
Provide a short answer to each of these questions. Be sure to fully explain your answer.
-Why do businesses want a uniform product liability code?
Differentiation Strategy
A competitive approach where a company offers unique products or services recognized as superior by customers, allowing for premium pricing and higher margins.
Competitive Advantage
A condition or circumstance that puts a company in a favorable or superior business position relative to competitors.
Differentiation Strategy
A business approach where a company develops unique products or services to stand out from competitors.
Unique Product
A product that is distinct in its features, functionality, or branding, setting it apart from competitors' offerings.
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