A broad differentiation strategy works best in situations where

A. technological change is slow-paced and new or improved products are infrequent.
B. buyers incur low costs in switching their purchases to rival brands.
C. buyers have a low degree of bargaining power and purchase the product frequently.
D. buyer needs and uses of the product or service are very similar.
E. buyer needs and uses of the product or service are diverse.


Answer: E

Business

You might also like to view...

The receiving department must compare goods received with goods purchased, as indicated on the purchase order

Indicate whether the statement is true or false

Business

The future value of an ordinary annuity is the accumulated value of each annuity payment excluding interest as of the date of the final payment.

Answer the following statement true (T) or false (F)

Business

To calculate the interest rate or growth rate using a spreadsheet or financial calculator, the present value and the future value most have opposite signs

Indicate whether the statement is true or false.

Business

If causal connection between a person's act and the resulting harm to another is broken by an intervening act or event, the act or event is called:

a. proximate cause b. unforeseen cause c. determinative cause d. foreseeable cause e. none of the other choices

Business