A promising way to keep competitors from imitating your company's product differentiation is to keep it...
A promising way to keep competitors from imitating your company's product differentiation is to keep it secret from customers.
True
False
Homework Answers
False,
It is totally wrong to hide the product differentiation from the customers because customer is onle key player in the market and if it is an hidden from the customers then Customer thinks that company is hiding something and not following its ethical standards.
And nin near future they might also not purchase their products.
another strategies can be used for the competitors to diiferentiate the products from them.
Add Answer to:
A promising way to keep competitors from imitating your
company's product differentiation is to keep it...
Product differentiation refers to: Multiple Choice firms who offer similar products to their competitors' products, but...
Product differentiation refers to: Multiple Choice firms who offer similar products to their competitors' products, but that are more attractive in some way. the process of creating a standardized product with a lower-cost method than the competitors' method. the process of informing the public of differences in products as a result of error consumers who sort and group goods based on similar characteristics.
Multiple-choice questions 1. Which is an Organizational Weakness? - Entry of lower - cost competitors -...
Multiple-choice questions 1. Which is an Organizational Weakness? - Entry of lower - cost competitors - Removal of barriers that inhibit growth -Cost leadership - Too Diverse a product lin 2. Poor Supplier Relations is an example of Organizational Weaknesses - True , or - False 3. Strategies in this category seek to improve efficiency and control costs throughout and organization's activity- cost chain - Cost Leadership Strategies - Market - niche Strategies - Differentiation Strategies - Customization Strategies 4....
QUESTION 8 Cost leadership is a strategy in which a firm outperforms competitors in producing products...
QUESTION 8 Cost leadership is a strategy in which a firm outperforms competitors in producing products or services by Producing a new or innovative product or service Producing the highest quality product or service Producing a product or service at or among the lowest cost Producing inferior products or services that can be bought on the cheap QUESTION 9 The differentiation strategy is implemented by creating a perception among consumers that the product or service is unique in some important...
true or false Differentiation Postponement allows the supply chqin to delay product differentiation, which results in...
true or false Differentiation Postponement allows the supply chqin to delay product differentiation, which results in aggregating inventories in the supply chain.
Product differentiation is the process that firms use to make a product more attractive to potential customers.
product differentiation is the process that firms use to make
a product more attractive to potential customersProduct differentiation is the process that firms use to make a product more attractive to potential customers. On which of the following criteria can firms differentiate their products? Choose one or more: A. entry/exit (joining a market as a new firm, "retiring' as a firm) B. style/type (language, size, speed) C. location (downtown, next door) D. excess capacity (ability to produce more than current output) E. quality (durable, reliable, easily...
7) A practice in which business purchasers choose to buy from customers of their competitors called...
7) A practice in which business purchasers choose to buy from customers of their competitors called reciprocity. True False 8) A business relationship in which executives sit on the boards of their customers or suppliers; trade with each other whenever possible; and often engage in joint product development, finance, and marketing activity. The following affirmation represents O amae keiretsu trust commitment O 9) Typically, more people are involved in a single business purchase decision than in a consumer purchase decision....
According to Porter, an industry with low product differentiation will find it harder to distinguish themselves...
According to Porter, an industry with low product differentiation will find it harder to distinguish themselves in the marketplace True O False Question 12 1 pts According to Porter, a firm can expect to be competitive by focusing solely on their immediate rivals in their industry and trying to outperform them. O True O False
strategy is about understanding your competitors and doing the opposite. true or false?
strategy is about understanding your competitors and doing the opposite. true or false?
Ankeil Corp. is deciding whether to keep or drop product SL412. Data from the company's accounting...
Ankeil Corp. is deciding whether to keep or drop product SL412. Data from the company's accounting system regarding the product is as follows: 30 Sales $610,000 able Fixed manufacturing expenses Fixed selling and administrative expenses $234,000 $182,000 00:48:56 All fixed expenses of the company are fully allocated to products in the company's accounting system. If product SL412 is discontinued, $193,000 of the fixed manufacturing expenses and $108,000 of the fixed selling and administrative expenses are avoidable. Required a. According to...
The threat of competitors swooping in to steal your customers or your share of the market...
The threat of competitors swooping in to steal your customers or your share of the market can sometimes seem overwhelming for a small-business owner. Competition is inevitable in the business world. Understanding Strategy: Defensive strategies are management tools that can be used to fend off an attack from a potential competitor. Defending your business strategically is about knowing the market you're best equipped to operate. Other word In contrast to offensive strategies which are aimed to attack your market competition...
Product differentiation refers to: Multiple Choice firms who offer similar products to their competitors' products, but that are more attractive in some way. the process of creating a standardized product with a lower-cost method than the competitors' method. the process of informing the public of differences in products as a result of error consumers who sort and group goods based on similar characteristics.
QUESTION 8 Cost leadership is a strategy in which a firm outperforms competitors in producing products or services by Producing a new or innovative product or service Producing the highest quality product or service Producing a product or service at or among the lowest cost Producing inferior products or services that can be bought on the cheap QUESTION 9 The differentiation strategy is implemented by creating a perception among consumers that the product or service is unique in some important...
product differentiation is the process that firms use to make
a product more attractive to potential customersProduct differentiation is the process that firms use to make a product more attractive to potential customers. On which of the following criteria can firms differentiate their products? Choose one or more: A. entry/exit (joining a market as a new firm, "retiring' as a firm) B. style/type (language, size, speed) C. location (downtown, next door) D. excess capacity (ability to produce more than current output) E. quality (durable, reliable, easily...
7) A practice in which business purchasers choose to buy from customers of their competitors called reciprocity. True False 8) A business relationship in which executives sit on the boards of their customers or suppliers; trade with each other whenever possible; and often engage in joint product development, finance, and marketing activity. The following affirmation represents O amae keiretsu trust commitment O 9) Typically, more people are involved in a single business purchase decision than in a consumer purchase decision....
According to Porter, an industry with low product differentiation will find it harder to distinguish themselves in the marketplace True O False Question 12 1 pts According to Porter, a firm can expect to be competitive by focusing solely on their immediate rivals in their industry and trying to outperform them. O True O False
Ankeil Corp. is deciding whether to keep or drop product SL412. Data from the company's accounting system regarding the product is as follows: 30 Sales $610,000 able Fixed manufacturing expenses Fixed selling and administrative expenses $234,000 $182,000 00:48:56 All fixed expenses of the company are fully allocated to products in the company's accounting system. If product SL412 is discontinued, $193,000 of the fixed manufacturing expenses and $108,000 of the fixed selling and administrative expenses are avoidable. Required a. According to...
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