Which of the Following Would Be a Type of Non-Cost

question 3

Multiple Choice

Which of the following would be a type of non-cost differentiation for a new venture?

• A) Superior product
• B) Branding superiority
• C) Channel superiority
• D) All of the above

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Definitions:

Term Deposit

A deposit at a financial institution that has a fixed term and typically offers a higher interest rate than a regular savings account.

Simple Interest

A method of calculating interest where the charge is based on the original principal amount alone, without compounding.

Interest

Interest is the cost of borrowing money, typically expressed as a percentage of the principal amount.

Rate Of Interest

The percentage of principal charged by the lender for the use of its money.