What Term Describes the Differentiation of a Product When Only

question 28

Multiple Choice

What term describes the differentiation of a product when only some consumers prefer it to competing products (holding price equal) ?

• A)Horizontal differentiation
• B)Vertical differentiation
• C)Idiosyncratic differentiation
• D)Spatial differentiation
• E)Non-price differentiation

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Definitions:

Job Sharing Arrangements

A work structure where two or more individuals share the responsibilities and duties of a single full-time job.

Delphi Technique

A method used to gather data from respondents within their domain of expertise through multiple rounds of questionnaires to reach a consensus.

Quantitative Model

Analytical and numeric approaches used in decision-making processes to solve human resource management problems.

Qualitative Model

A model that uses non-numerical data to analyze phenomena and provides insights based on qualities rather than quantities.