The Competitive Strategy of Differentiation Is Implemented by a Firm's

question 78

Multiple Choice

The competitive strategy of differentiation is implemented by a firm's targeted, careful attention to a(n) :

• A)Specific feature of the product or service.
• B)High efficiency level of production.
• C)Broad possible market.
• D)Aggressive competitive pricing plan.

---

Definitions:

Controlled

In psychology, referring to cognitive processes that require conscious, deliberate thought or processes that are under an individual's deliberate control.

Reinforcement

In behavioral psychology, a process by which a behavior becomes more likely to occur due to the consequence that follows it, can be positive or negative.

Favourable Consequences

Favourable consequences are positive outcomes or benefits that result from specific actions or behaviors, often serving as reinforcement.

B.F. Skinner

A prominent psychologist renowned for his work in behaviorism, particularly the development of operant conditioning.