Which of the Following Can Force a Business and Its

question 17

Multiple Choice

Which of the following can force a business and its competitors to compete on price alone?

• A) transparent marketplace
• B) high product differentiation
• C) poor process efficiency
• D) demand control

---

Definitions:

Target Audience

A specific group of consumers within the predefined target market, identified as the recipients for a particular advertisement or marketing message.

Engage

To capture interest or involve someone in a particular activity or dialogue.

Loyalty

The dedication of customers to continue buying from or supporting a brand over competing options.

Commitment

The state of being dedicated to a cause or activity, or the act of binding oneself to a course of action.