Multiple Choice
In which one of the following market circumstances is a broad differentiation strategy generally not well-suited?
A) When buyer needs and preferences are too diverse to be fully satisfied by a standardized product
B) When few rivals are pursuing a similar differentiation approach
C) When the products of rivals are weakly differentiated and most competitors are resorting to clever advertising to try to set their product offerings apart
D) When there are many ways to differentiate the product or service and many buyers perceive these differences as having value
E) When technological change is fast-paced and competition revolves around rapidly evolving product features
Correct Answer:

Verified
Correct Answer:
Verified
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