The Business Strategy of Differentiation Involves Making a Product or Service

question 25

True/False

The business strategy of differentiation involves making a product or service unique by offering it at an unusually low price.

---

Definitions:

Selective Attention

The cognitive process of focusing on a particular object or task while ignoring other irrelevant information.

Hypnotic Pain Relief

A therapeutic technique involving hypnosis to manage and reduce pain perception in individuals without the use of pharmaceutical drugs.

Sensory Input

The information that is perceived through the senses, such as sight, sound, touch, taste, and smell, before being processed by the brain.

Circadian Rhythm

The alterations in physical, mental, and behavioral states that adhere to a 24-hour rhythm, mainly influenced by the presence of light and darkness in the surrounding environment of an organism.