Product Strategy May Focus on Developing a Competitive Advantage Via

question 35

True/False

Product strategy may focus on developing a competitive advantage via differentiation,low cost,rapid response,or a combination of these.

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Definitions:

Outgroup Homogeneity

The tendency to perceive members of a group to which one does not belong as more similar to one another than members of one's ingroup.

Stereotypic Ways

Referring to behaviors or thoughts that are overly simplified and generalized about a group of people, based on common stereotypes.

Stereotypes

Oversimplified generalizations about a group of people that ignore individual diversity.

Prejudices

Preconceived negative judgments or feelings towards individuals based on their membership in a certain group without factual justification.