G Broad differentiation strategie x ecure https://newconnect.mheducation.com/flo

Question

G Broad differentiation strategie x ecure https://newconnect.mheducation.com/flow/connect.html pter 5 Test Broad differentiation strategles generally work best in market situations where Multiple Choice low-cost value drivers are easily obtained. socially complex intang/ble attributes such as company reputation, long-standing relationshlps with buyers, and image are relatively easier to imitate. the products of rivals are weakly differentiated and most competitors are resorting to clever advertising to try to set their product offerings apart technological change is fast-paced and competion revoives around rapidly ovolving product

Explanation / Answer

Broad differentiation strategy is a competitive strategy used by companies to offer unique product attributes or other characteristics that set the company apart from its competitorsThe products of rivals are weakly differentiated and most competitors are resorting to clever advertising to try to set their product offering appart.

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