Which of the Following Is a Danger in Choosing a Differentiation

question 1

Multiple Choice

Which of the following is a danger in choosing a differentiation strategy?

• A) Focusing only on physical characteristics of a product or service and ignoring important psychological factors, such as status, prestige, image, and customer service
• B) Choosing a market that is not large enough to be profitable
• C) Misunderstanding the firm's true cost drivers
• D) All of the above

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Definitions:

Virtual Therapy

A form of psychological or psychiatric treatment delivered via digital platforms such as video conferencing, chat, or VR technologies.

Biofeedback Training

A technique that teaches individuals to control bodily processes that are typically involuntary, like heart rate or blood pressure, through monitoring.

Client-Centered Therapy

Client-centered therapy is a form of psychotherapy developed by Carl Rogers that emphasizes the importance of the therapist's empathy and unconditional positive regard towards the client for therapeutic change.

Natural Tendency

An inherent inclination or disposition in living organisms towards certain behaviors or patterns of growth and development.