Successful Broad Differentiation Allows a Firm to

question 89

Multiple Choice

Successful broad differentiation allows a firm to

• A)be the industry's best-cost provider.
• B)set the industry ceiling on price.
• C)avoid being dragged into a price war with industry rivals and not be overly concerned about whether entry barriers into the industry are high or low.
• D)command a premium price for its product, and/or increase unit sales, and/or gain buyer loyalty to its brand.
• E)take sales and market share away from rivals by undercutting them on price.

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Definitions:

Perimysium

A layer of connective tissue that groups muscle fibers into bundles or fascicles within a muscle.

Epimysium

The outermost layer of connective tissue that surrounds skeletal muscles.

Endomysium

The thin layer of connective tissue that wraps each individual muscle fiber, aiding in the transmission of force and nourishment of the cell.

Excitability

The ability of a cell or tissue to respond to a stimulus, particularly noticed in nerve and muscle cells.