McqMate
| Q. |
Product differentiation refers to the: |
| A. | ability of the buyers of a product to negotiate a lower price. |
| B. | response of incumbent firms to new entrants. |
| C. | belief by customers that a product is unique. |
| D. | fact that as more of a product is produced the cheaper it becomes per unit. |
| Answer» C. belief by customers that a product is unique. | |
View all MCQs in
Advanced Strategic ManagementNo comments yet