What does a company focus on when using an undifferentiated marketing strategy?

What will be an ideal response?


A company using an undifferentiated marketing strategy focuses on what is common in the needs of consumers rather than on what is different. It designs a product and a marketing program that will appeal to the largest number of buyers.

Business

You might also like to view...

The third level of relationship in a business friendship is:

A. joint venture. B. companionship. C. strategic alliance. D. intimate friendship. E. reciprocal alliance.

Business

Which of the following is not an advantage of using publicity-based public relations tools?

A. Control by media personnel of the content and timing of messages B. Credibility C. Strong news value D. Follow-up word-of-mouth communications E. A favorable perception of being endorsed by the media

Business

What is the value of the finite population correction factor when a sample size of 250 is taken from a finite population of 1001?

A) 0.7510 B) 0.8667 C) 1.9960 D) 0.2498

Business

The ________ is used to calculate the present value of a bond.

A. nominal yield B. current yield C. yield to maturity D. yield to call E. None of the options are correct.

Business