t Information ciption Respondu uctions This test has a time limit of 45 minutes

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t Information ciption Respondu uctions This test has a time limit of 45 minutes This test will save and submit automatically when the time expires Warmings appear when half the time 5 minutes, 1 minute, and 30 seconds remain ed Test iple Attempts Not allowed This test can only be taken once ce Completion This test can be saved and resumed at any point uni tme has expired The timer will continue to run if you leave the test Remaining Time:43 minutes, 38 seconds Question Completion Status: Movingto another qestion will save this response Qurstion 25 The purpose of podid intooeate real or peceived product diferunces m Cortana. Ask me

Explanation / Answer

Answer - differentiation

Reason - product differentiation is making a product more attractive to the consumers as well as differentiating it with competitors. Real differences are such differences which actually exists in the product and makes it stand out. Whereas perceived differences are a difference of perception between the firm and consumer where there is a difference between what consumer think the worth of a product is and what the actual worth is. Product differentiation purposes to achieve both of these differences.

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