If the Company's Offer Delivers Greater Value by Exceeding the Competitor's

question 4

Short Answer

If the company's offer delivers greater value by exceeding the competitor's offer on important attributes,the company can charge a higher price and ________,or it can charge the same price and ________.

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Definitions:

Ultimate Cause

A term referring to the evolutionary explanations for why a biological trait or behavior occurs, focusing on survival and reproductive advantages.

Graylag Goose

A species of large grey goose, native to Europe and Asia, known for its significant role in studies of animal behavior, especially imprinting.

Sign Stimulus

A specific external sensory stimulus that triggers a fixed action pattern in an animal.

Innate Releasing Mechanism

A neurobiological process or mechanism that triggers an innate behavior in response to specific environmental stimuli.