Ask Question
30 July, 02:40

A product/service differentiation competitive advantage refers to defining a business in terms of goods and services rather than in terms of the benefits customers seek.

a. True

b. False

+3
Answers (1)
  1. 30 July, 02:44
    0
    Answer: The given statement is false

    Product differentiation refers to the technique of differentiating a commodity/service from other competitors, in order to make it more alluring to a particular individuals. The product/service differentiation competitive advantage refers to the accouterments of commodity that is different/unique and important or valuable to potential individual in addition to simply providing a lower price than competitors.

    Therefore the correct option in this case is (b)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A product/service differentiation competitive advantage refers to defining a business in terms of goods and services rather than in terms ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers