A Differentiation Strategy Works Well When Buyers Are Sensitive to Price

question 69

True/False

A differentiation strategy works well when buyers are sensitive to price changes,when competing firms sell the same commodity products,and when companies can benefit from economies of scale.

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Definitions:

Personal Liability

refers to the legal responsibility that individuals have to pay their debts from their own assets.

Enhancing Attributional Style

A cognitive approach aimed at altering the way one attributes causes to events, focusing on more positive or empowering explanations.

Depressogenic Attributional Style

A cognitive style where individuals habitually attribute negative events to internal, stable, and global causes, which is associated with an increased risk of depression.

Attributional Style

The way an individual typically explains the causes of personal and other events, focusing on internal vs. external, stable vs. unstable, and global vs. specific explanations.