Which of the Following Is the Critical Determinant of Success

question 48

Multiple Choice

Which of the following is the critical determinant of success in mature markets?

• A)Correct choice between a differentiation and a low-cost strategy
• B)Continuous functioning of a business to improve the value of its offerings
• C)Increases in volume of a business
• D)New product successes of a business

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Definitions:

Manufacturer's Representative

An independent agent who represents manufacturers' products in a specific territory, often on a commission basis.

Manufacturer's Agent

A sales agent who represents and sells a manufacturer's products to wholesale and retail customers.

Selling Agents

Professionals or companies that act on behalf of another party in selling products or services, often earning a commission for their work.