Which of the Following Is FALSE Regarding How a Differentiation

question 108

Multiple Choice

Which of the following is FALSE regarding how a differentiation strategy can help a firm to improve its competitive position relative to the Porter five forces model?

• A)Firms will enjoy high customer loyalty.
• B)By increasing firm margins, it avoids the need for a low cost position.
• C)It reduces buyer power because buyers lack comparable alternatives.
• D)Supplier power is increased, because suppliers will be able to charge higher prices for their inputs.

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Definitions:

Parameter

A numerical characteristic of a population, as opposed to a statistic, which is a characteristic of a sample.

Critical Value

A threshold value in hypothesis testing, beyond which there is evidence against the null hypothesis.

T Value

A value derived from a T-distribution used in hypothesis testing and in generating confidence intervals.

Individual Parameter

A specific characteristic or measure of a statistical model or equation that applies to an individual case or entity.