Which of the Following Is True of a Product/service Differentiation

question 54

Multiple Choice

Which of the following is true of a product/service differentiation competitive advantage?

• A)It tends to be more attractive to top managers because of its durability.
• B)It provides a shorter-lasting competitive advantage compared to cost competitive advantages.
• C)It focuses primarily on offering a low priced product or service than that of the competitor.
• D)It is subject to continual erosion,as opposed to cost competitive advantages.

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Definitions:

Union Leadership

Refers to individuals or a group of individuals who are elected or appointed to govern and represent a labor union, making decisions and acting as intermediaries between the union's membership and employers.

Rank and File

The regular members of an organization, particularly in military or labor union contexts, as distinct from the leadership or command structures.

Government Control

The extent to which a government uses its authority to regulate and direct economic operations, policy-making, and society.

Collective Bargaining

The process of negotiation between employers and a group of employees aimed at agreements to regulate working salaries, working conditions, benefits, and other aspects of workers' compensation and rights.