Which of the Following Is FALSE Regarding How a Differentiation

question 31

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

Identify factors that enhance or diminish the persuasiveness of a communicator.

Comprehend the theory of cognitive dissonance and its impact on behavior and self-perception.

Understand how counterattitudinal behavior can lead to attitude change.

Recognize the components that constitute communicator credibility.

---

Definitions:

Production

The act of producing products and offerings.

Finished Goods

Products that have completed the manufacturing process but have not yet been sold or distributed to customers.

Inventory

The goods and materials a business holds for the ultimate goal of resale or processing.

February

Known as the second month in the Gregorian calendar, it has 28 days in standard years and 29 days in years classified as leap years.