If a company follows a strategy of product differentiation, it will seek ways to set it products apart in terms of
A)quality, design, or service.
B)price, demand, or service.
C)design, price, or popularity.
D)quality, demand, or life cycle.

Question

Quizplus · Accepted Answer

Product differentiation means offering unique features or attributes of a product that make it stand out from its competitors. Quality, design, and service are the most common ways for a company to differentiate its products. Price and popularity are not necessarily unique features and can be easily copied by competitors, while demand and life cycle are more related to market conditions rather than product differentiation.

If a Company Follows a Strategy of Product Differentiation, It