____ Is the Process of Developing and Promoting the Differences

question 102

Multiple Choice

____ is the process of developing and promoting the differences between one's products and other similar products.

• A) Advertising
• B) Monopolistic competition
• C) Product differentiation
• D) Branding
• E) Goods distinction

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Definitions:

FAB Selling Technique

A sales strategy emphasizing the Features, Advantages, and Benefits of a product or service to persuade potential customers.

Regular Cola

A standard, traditional flavor of cola beverage, not characterized by any unique or distinguishing ingredient adaptations.

Need

A basic requirement or necessity that motivates behavior towards its satisfaction.

Want

A desire or wish for something that is not necessarily needed but is desired by an individual.