Which of the Following Statements Regarding the Impact of Product

question 22

Multiple Choice

Which of the following statements regarding the impact of product differentiation on the threat of new entry is accurate?

• A) Product differentiation helps reduce the threat of new entry by forcing potential new entrants to absorb costs associated with overcoming incumbent firms' product-differentiation advantages.
• B) Product differentiation increases the threat of new entry by allowing potential new entrants to avoid costs associated with overcoming incumbent firms' product-differentiation advantages.
• C) Product differentiation has no impact on the threat of new entry.
• D) It is not possible to determine the impact of product differentiation on the threat of new entry.

---

Definitions:

Family Life

The social and domestic experiences and structures created by living with family members or relatives.

Family Resiliency

Family's ability to cope with expected and unexpected stressors.

Family Durability

System of support for a family that includes immediate and extended family members.

Family Diversity

Unique needs and characteristics of each member in a family.