The Pitfalls of a Differentiation Strategy Include

question 30

Multiple Choice

The pitfalls of a differentiation strategy include

• A) trying to differentiate on the basis of attributes or features that are easily copied.
• B) choosing to differentiate on the basis of attributes that buyers do not perceive as valuable or worth paying for.
• C) trying to charge too high a price premium for the differentiating features.
• D) being timid and not striving to open up meaningful gaps in quality or performance or service or other attractive differentiating attributes.
• E) All of these.

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Definitions:

FDA

The Food and Drug Administration, a federal agency of the United States responsible for protecting and promoting public health through the control and supervision of food safety, tobacco products, dietary supplements, prescription and over-the-counter medications, vaccines, and more.

Opioid-Use Disorder

A problematic pattern of opioid use leading to clinically significant impairment or distress.

Methadone

A medication used to treat chronic pain and as part of medication-assisted treatment for opioid use disorder.

Oxycodone

A potent opioid medication prescribed for pain relief but also associated with a high risk of addiction and dependency.