A Product/service Differentiation Competitive Advantage Can Be Achieved By

question 15

Multiple Choice

A product/service differentiation competitive advantage can be achieved by:

• A)using inexpensive raw materials.
• B)having a strong dealer network.
• C)having low overhead costs.
• D)creating generic products.

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Definitions:

Biologically Prepared

An inherent tendency in organisms to learn certain associations over others due to their survival advantages.

High Intelligence

The possession of elevated cognitive abilities or an above-average score on various standardized tests designed to measure intelligence.

Cognitive Model

A framework in psychology that explains mental processes, behaviors, and disorders through the examination of mental functions and thought processes.

Unconditioned Stimulus

An unconditioned stimulus is a stimulus that naturally and automatically triggers a response without prior learning.