When Highlighting a Product's Competitive Advantage Based on Attributes,a Firm

question 135

Multiple Choice

When highlighting a product's competitive advantage based on attributes,a firm will

• A)concentrate on the unique aspects of the product that sets it apart from the competition.
• B)show how its product is priced lower than the competition.
• C)develop a relationship with the target market that will enhance the product's brand.
• D)remind customers the value of the product received in comparison to its price.
• E)show how its product use can be advantageous to the customer.

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Definitions:

Trust Fund

A legal arrangement in which assets are held by a third party for the benefit of another party or parties.

Compounded Quarterly

A financial term meaning the interest earned on an investment is calculated and added to the principal every three months, leading to the interest earning interest in subsequent quarters.

Monthly Payments

Regular amounts paid every month, usually in the context of loans or subscriptions.

Condo

A privately owned individual unit within a building or community of units, with shared areas such as pools, garages, and gyms.