Which of the Following Would LEAST Likely Be Included in a Product's

question 43

Multiple Choice

Which of the following would LEAST likely be included in a product's positioning statement?

• A) the product's strongest competitors
• B) the segment(s) to which the product is targeted
• C) the product's most important differentiator
• D) evidence supporting the most important claim made about the product
• E) the specific value of the product

Comprehend the differences between banks and other types of financial institutions such as credit unions and savings and loan associations.

Understand the specific services and products offered by insurance companies.

Recognize the role and types of pension funds in financial markets.

Understand the process and importance of mortgage loans in financial institutions.

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Definitions:

Sufficient Condition

A condition or set of conditions that, if met, guarantees that a certain state or event will occur, though it may not be necessary for the occurrence.

Causal Factor

A condition or event that directly influences the occurrence of another event or condition, serving as its cause.

Necessary Condition

A condition that must be present for an event or action to occur.

Sufficient Condition

A condition or set of conditions that guarantees the occurrence of another event or state.