Which of the Following Is Not a Factor That Makes

question 9

Multiple Choice

Which of the following is not a factor that makes it more difficult for new ventures to be successful as differentiators?

• A) The strategy is thought to be expensive to put into action.
• B) Establishing a brand, important to a differentiation strategy, is thought to be expensive.
• C) Superior innovation is often very costly.
• D) Customer service is often costly, but it does not affect a differentiation strategy.

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Definitions:

Predictors

Variables or factors that are used in statistical models to forecast or estimate the values of a response variable based on their known values.

Response Variable

The outcome of interest in a study or experiment, which is affected by the explanatory variables.

R-Squared Value

A numerical value indicating how much of the variability in a dependent variable can be accounted for by an independent variable(s) within a regression analysis framework.

Observed Variation

The variance noticed in data due to different factors that distinguish one piece of data from another.