Which of the Following Is LEAST Likely to Occur During

question 4

Multiple Choice

Which of the following is LEAST likely to occur during commoditization?

• A) Competitive advantages come from cost leadership.
• B) Customer loyalty and brand preferences increase.
• C) Product differentiation becomes difficult.
• D) Competition is mainly based on price.

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The form of money issued by the United States government, primarily in the form of Federal Reserve notes (dollars).

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Gold Standard

A monetary system where a country's currency has a value directly linked to gold, allowing it to be exchanged for a specific amount of gold.

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