Differentiation addresses "how" a firm competes in terms of the way in which it can offer uniqueness to its customers

Name: Differentiation addresses "how" a firm competes in terms of the way in which it can offer uniqueness to its customers
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

Differentiation is a competitive strategy that focuses on offering unique features or attributes of a product or service to distinguish it from competitors. It addresses "how" a firm competes by offering something unique to its customers.

Differentiation Addresses "How" a Firm Competes in Terms of the Way