A ________________ Strategy Is the Marketing of a Differentiated Product

question 4

Short Answer

A ________________ strategy is the marketing of a differentiated product to a narrow market, often involving a unique product and a unique market.

---

Definitions:

Inefficient

Referring to a lack of effectiveness, not achieving maximum productivity; resulting in a waste of time, energy, or material.

Efficient

The state of achieving a maximum output from given resources, with minimal waste or inefficiency.

Normative Statement

Prescriptive assertions that express judgments about whether a situation is desirable or undesirable, reflecting values rather than facts.

Positive Statement

A factual claim about how the world actually works, verifiable by observation or experience.