A differentiator will always benefit when products have become commoditized.
Answer the following statement true (T) or false (F)
False
The viability of a differentiation strategy is severely undermined when the focus of competition shifts to price rather than value-creating features. This can happen when differentiated products become commoditized and an acceptable standard of quality has emerged across rival firms.
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The extent to which a culture’s members believe that institutional and organizational power should not be shared equally and that all decisions by power holders must be accepted is known as which of these terms?
A. expert power B. referent power C. coercive power D. power distance
If ambiguity is detected while determining the type of a contract, it is presumed to be a bilateral contract
Indicate whether the statement is true or false
The _____ strategy of the firm is concerned with how the firm will compete in each product-market or industry once they have been chosen.
a. business-level b. functional-level c. corporate-level d. transitional-level
An external report of one to three pages may be written in letter format
Indicate whether the statement is true or false