A Differentiation-Based Competitive Advantage

question 26

Multiple Choice

A differentiation-based competitive advantage

• A) nearly always is attached to the quality and service aspects of a company's product offering.
• B) most usually is the result of highly effective marketing and advertising.
• C) requires developing at least one distinctive competence that buyers consider valuable.
• D) hinges on a company's success in developing top-of-the-line product features that will command the biggest price premium in the industry.
• E) often hinges on incorporating features that (1) raise the performance of the product or (2) lower the buyer's overall costs of using the company's product or (3) enhance buyer satisfaction in intangible or non-economic ways or delivering value to customers on by differentiating on the basis of competencies and capabilities that rivals can't match.

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Definitions:

Forgery

The false making or alteration of a writing with the intent to defraud.

Indorsed

Refers to the signing and passing of rights of a negotiable financial instrument to another party.

Indorsements

In finance, refers to the act of signing the back of a negotiable instrument, such as a check, thereby transferring ownership or authorizing another action related to the instrument.

Legal Implications

The potential legal consequences or effects that actions or decisions can have under the law.