Top Tools Learns from the Leader in the Tool Field,Custom

question 17

Multiple Choice

Top Tools learns from the leader in the tool field,Custom Tools.As a technology follower,Top Tools most likely establishes product differentiation by

• A)making a different product.
• B)pioneering unique products or services.
• C)creating new technologies.
• D)adapting technologies to fit buyers' needs.
• E)Technology followers cannot establish product differentiation due to strict patent restrictions.

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Definitions:

Sales Tax

A tax imposed by governments on the sale of goods and services, added to the retail price.

Tax Freedom Day

The day of the year when a nation as a whole has theoretically earned enough income to pay its taxes for the year.

Property Tax

A tax on the value of property (capital, land, stocks and bonds, and other assets) owned by firms and households.

Lotteries

A form of gambling that involves the drawing of numbers at random for a prize, often used by governments and organizations as a means of raising funds.