The essence of a broad differentiation strategy is to

A. incorporate a greater number of differentiating features into its product/service than rivals.
B. outspend rivals on advertising and promotion in order to inform and convince buyers of the value of its differentiating attributes.
C. appeal to the high-end part of the market and concentrate on providing a top-of-the-line product to consumers.
D. offer unique product attributes in ways that are valuable and appealing and that buyers consider the cost worth it.
E. lower buyer switching costs.


Answer: D

Business

You might also like to view...

All of the following are basic activities of management EXCEPT

A) staffing. B) planning. C) consolidating. D) organizing. E) motivating

Business

The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows: April 1, work in process: Materials cost, 3,000 units $ 8,000 Conversion costs, 3,000 units, 66.7% completed 6,000 Materials added during April, 10,000 units 30,000 Conversion costs during April 31,000 Goods finished during April, 11,500 units --- April 30 work in process, 1,500

units, 50% completed --- All direct materials are placed in process at the beginning of the process and the first-in, first-out method is used to cost inventories. The materials cost per equivalent unit for April is: A) $3.00 B) $3.80 C) $2.92 D) $2.31

Business

In a three-tier application model, the user interface is often referred to as a(n) ____.

A. GUI B. thin client C. program unit D. OTN

Business

The most essential element in the use of lean systems is?

a. Inventory reduction b. Variance magnification c. Processing time reduction d. Waste elimination

Business