Commodization Occurs When Sales Depend Less on Unique Product Features

question 38

True/False

Commodization occurs when sales depend less on unique product features and more on prices.

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Definitions:

Normal Faulting

A type of faulting where the hanging wall block moves down relative to the footwall block, typically associated with extensional tectonic environments.

Oceanic and Continental Plates

The two types of tectonic plates that make up the Earth's crust, with oceanic being denser and sinking beneath continental plates at subduction zones.

Plate Margins

The boundaries between tectonic plates, which can be divergent, convergent, or transform, influencing the geological processes at these locations.

Kaizen

A Japanese philosophy emphasizing continuous improvement in all aspects of life, especially in the workplace.