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Differentiation Refers To

Question 38

Multiple Choice

Differentiation refers to:


A) all the activities from the gathering of raw materials to the sale of the finished product that a business goes through to make a product.
B) creating products or providing services at the lowest cost possible relative to its competitors while maintaining a quality that is acceptable to consumers.
C) creating unique value for the customer through advanced technology, high-quality ingredients or components, product features, and superior delivery time.
D) the number of similar businesses or business activities at the same level of the value chain.
E) the cost advantages that a business obtains through expanding in size.

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