____ competition is competition based on factors such as product quality, promotion, customer service, and packaging.
A) Product or brand
B) Price
C) Image
D) Nonprice
E) Strategic

Question

Quizplus · Accepted Answer

Nonprice competition refers to the use of marketing techniques and other factors like product quality, promotion, customer service, and packaging to compete with a rival firm in the market. Choice A (Product or brand) could be a close second as it also encompasses the quality and packaging aspects of nonprice competition, but it doesn't explicitly mention other aspects such as promotion and customer service. Choice B (Price) and C (Image) are not relevant to the definition of nonprice competition. Choice E (Strategic) is too broad and not specific to the given definition.

____ Competition Is Competition Based on Factors Such as Product