Differentiation Is Least Effective When It Is Based on

question 75

Multiple Choice

Differentiation is least effective when it is based on

• A) physical features.
• B) service quality.
• C) an appeal to the customer's psychological needs.
• D) reliability.
• E) product quality.

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Definitions:

Pricing Constraint

Limitations or regulations affecting the determination of a product's price, including factors like cost, competition, and regulatory environment.

Consumer Demand

The desire of buyers for goods and services, influencing the quantity that the market can sell at a certain price.

Pricing Constraint

Limitations or conditions that affect how a product or service is priced, such as cost of production, competition, or regulatory compliance.

Potential Buyers

Individuals or entities that are considered likely prospects or leads for purchasing products or services.