A Creative Brand That Differentiates Its Product in a Competitive

question 106

Multiple Choice

A creative brand that differentiates its product in a competitive market

• A)can get a price premium for its product.
• B)sets the benchmark price.
• C)avoids nonprice competition.
• D)will achieve the basic list price for its product.
• E)can move toward a flexible pricing strategy.

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Definitions:

Habituated

The process by which an organism decreases or ceases its responses to a repetitive stimulus after being repeatedly exposed to it.

Over-Stimulated

A condition arising from excessive stimuli, leading to a state of overload or heightened agitation and possibly difficulty concentrating or relaxing.

Adjusted

Altered or modified to fit certain conditions or requirements.

Least Functional

Describes the component, system, or person that performs the lowest in terms of functionality or effectiveness.