Which of the following describes the product differentiation strategy?
A)competing in an industry on the basis of product quality
B)competing in an industry on the basis of product quantity
C)competing in an industry on the basis of product or service cost to the consumer
D)capitalizing on a key product criteria requested by the market

Question

Quizplus · Accepted Answer

Product differentiation strategy focuses on creating products or services that are unique and different from competitors' offerings, thereby creating a competitive advantage.

Which of the Following Describes the Product Differentiation Strategy