Broad Differentiation Strategies Are Well-Suited for Market Circumstances Where

question 16

Multiple Choice

Broad differentiation strategies are well-suited for market circumstances where

• A) there are many ways to differentiate the product or service and many buyers perceive these differences as having value.
• B) most buyers have the same needs and use the product in the same ways.
• C) buyers are susceptible to clever advertising.
• D) barriers to entry are high and suppliers have a low degree of bargaining power.
• E) price competition is especially vigorous.

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Definitions:

Dyspareunia

A medical condition characterized by pain during sexual intercourse, which can have both physical and psychological causes.

Nocturnal Penile Tumescence

The occurrence of erections during sleep, commonly referred to as "morning wood."

Vaginismus

A condition involving involuntary spasms of the vaginal muscles that can cause discomfort, pain, and interference with sexual intercourse, pelvic exams, and the insertion of tampons.

Exhibitionism

The act of exposing one's genitals to an unsuspecting person for sexual pleasure or as a means of obtaining sexual excitement.