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Product Positioning Refers to

Question 20

Multiple Choice

Product positioning refers to


A) an older now outdated concept assigning products value by association with social class.
B) the place a product offering occupies in consumers' minds on important attributes.
C) the competitive advantage of one product over another, based upon its preferred placement in retail stores.
D) the decision made by marketers regarding which two firms they consider to be their most dangerous competitors and on which criteria they can compete most effectively.
E) using sensitivity analysis to place products on a grid to identify potential untapped markets.

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