the pitfalls of a differentiation strategy include

Answers

Answer 1

The pitfalls of a differentiation strategy include many methods such as "attempting to differentiate using easily copied features."

Other methods that could be a pitfall for differentiation strategy includes the following:

When firms differentiate based on the features, they believe buyers do not value.

When firms differentiate based on price, for example, firms charge higher prices to create a premium image.

Differentiation strategy in business is a method businesses or firms use to create distinct products for consumers, and it is expected to give the firms a competitive advantage over rivals.

Hence, in this case, it is concluded that there are various pitfalls in differentiation strategy firms should be aware of.

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Related Questions

A DJ wants to analyze market reactions to the new music selections played at his dance last weekend. He advertises his weekly dances using social media and email.
Which would be the most effective way to gather reactions from those who attended the dance?

Focus Groups


Surveys


Personal Interviews


Observation

Answers

Answer: Surveys

Explanation:

The most effective way to gather reactions from those who attended the dance is Surveys. Option B is correct.

What are Surveys?

In order to gather information about a service, product, or process, a surveys are described as the act of looking at a process or questioning a predetermined sample of people. Surveys used to gather data ask a specific set of people about their beliefs, actions, or knowledge.

Surveys are used to collect data or learn more in areas like demography and social research. Survey research is frequently used to evaluate ideas, beliefs, and emotions. Surveys might have narrow, focused objectives or they can have broad, more general objectives.

Thus to analyze market reactions to the new music selections played at DJ dance last weekend surveys are most optimal option here.

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which country parades first during the olympics opening ceremony

Answers

Answer:

Greece always enters first.

The modern Olympic Games began in Athens in 1896. So Greece gets the honor of starting in the Parade of Nations.

a logical starting point from which the study of international trade begins is

Answers

The principle of comparative advantage

what is the name of the document that tells you what you need to pay on your credit card?

Answers

Answer:

A billing statement, commonly referred to as a bill.

which characteristic is most important in identifying which data to collect for marketing research?

Answers

The characteristics of the data includes one which will help in decisions making for marketing actions.

Let understand that "Marketing research" is the process of gathering, recording, analyzing and drawing conclusion on data collected from potential customers of a product to facilitate decision making about a product viability.

The purpose of Marketing research is to provides concrete information which is relevant for decision making in the firm.

Therefore, the characteristics of data that is very important to marketing research are data which will be relevant to draw decisions for marketing actions.

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What are two ways stock ownership builds wealth?

Answers

Answer:

Display Slide 7. Use the information below and on the graphic to discuss the two potential financial rewards for owning stocks—stock appreciation and dividends. Reference the newspaper graphic to explain stock appreciation. When an investor owns stock and the price of that stock rises, net worth increases.

Explanation:

Answer:

Display Slide 7. Use the information below and on the graphic to discuss the two potential financial rewards for owning stocks—stock appreciation and dividends. Reference the newspaper graphic to explain stock appreciation. When an investor owns stock and the price of that stock rises, net worth increases.Explanation:

what is the difference between ordered list and unordered list?

Answers

Plz try explaining the question in its full extent so I can try to help. Like what do you mean (“Ordered and Unordered list”)

a piece rate worker is paid

Answers

Answer:

a fixed rate for each item produced or action performed

Explanation:

a little bit of research will take you right to the answer.

Compare and contrast the different types of partnerships. Explain the advantages to a partnership. Explain the disadvantages.​

Answers

Answer:

ADVANTAGE:

Less formal with fewer legal obligationssharing burden easy to get started better decision making knowledge, skills and experience ownership and control

Explanation:

DISADVANTAGE:

profits must be shared personal demands taxes no independent status limits on developing business lack of disability

trevon, owner of a hotel in miami, is negotiating an executive lodging agreement with a major corporation that would keep his hotel at 70% occupancy at all times. to land the deal, trevon’s hotel needs lots of updates to its furnishings and amenities within the next six weeks. given the time constraints and the many decisions to be made, trevon will likely employ:

Answers

In order to make the right decisions that will ensure that his hotel is up to standard, Trevon should hire a Management Consultant.

The purpose of a management consultant is to:

Help a business make better decisions Improve efficiency Help with problem solving

Trevon needs an expert that is capable of making the best decisions to ensure that his hotel gets the necessary upgrades that it needs to appeal to the major corporation.

Management consultants will be able to do this as they are trained in helping companies become better. We can therefore conclude that Trevon needs a management consultant.

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The text below describes the purpose of the Coalition of Independent Educator Associations (CIEA). The Coalition of Independent Educator Associations (CIEA) is made up of non-unionized education associations across America. Keeping educators connected, CIEA collaborates and focuses on serving its members in each state and on the national level. Source: cieaonline.org Judging from the organization's description, CIEA could be best categorized as what kind of interest group

Answers

Answer:

peak association

Explanation:

The Coalition of Independent Educator Associations (CIEA) is most likely an Economic interest group based on the description of its services.

Economic interest groups:

Represent the affairs of a labor group such as teachers and doctors Foster cooperation between members of a labor group Increase economic and financial access for their members

The Coalition of Independent Educator Associations (CIEA) is concerned with the affairs of educators as well as working to increase collaboration and cooperation between its educator members.

We can therefore conclude that the CIEA is an economic interest group as it engages in work that is typical of other economic interest groups.

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which country uses a franc as its basic monetary unit?

Answers

Answer:

Franc, originally a French coin but now the monetary unit of a number of countries, notably Switzerland, most French and former Belgian overseas territories, and some African states; at one time it was also the currency of France, Belgium, and Luxembourg.

under the concept of establishment of responsibility, how many people should have the ultimate responsibility?

Answers

Answer:

1

Explanation:

because we smart,im from forest hill

Answer:

1 because he or she can lead a group

❗WILL GIVE BRAINLYLEST❗Susan Works for a company that values their employees meetings deadlines and finding ways to keep the cost of doing business low. What quality standard does Susan's company value?
.

A. Efficiency
B. Diversity
C. Accountability
D. Workplace Safety​

Answers

Answer: A: efficiency

Explanation:

your welcome

Susan works for a company that places a high importance on meeting deadlines and finding ways to keep operating expenses to a minimum. Therefore, option (A) is accurate.

What do you know about Diversity factor?

Due to this dependency or "diversity" in time, the diversity factor acknowledges that the whole load is not equal to the sum of its parts. In a facility with 10 20-ton air conditioners, for instance, the average full load equivalent running hours per year would be 2000.

It is unknown exactly when each unit goes on because they are all thermostatically controlled. The likelihood of fewer than all ten units turning on simultaneously increases if the ten units are significantly more than the facility's actual peak AC demand.

Thus, despite the fact that each unit works for a total of 2,000 hours each year, they do not all turn on at once to operate.

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withholding taxes for federal and state income tax are based upon which items?

Answers

Number of exemptions claimed and amounts earned by employees.

why should teenagers, in particular, look for no fee savings accounts?

Answers

It is best that when teenagers get an account, that they get one that has no fees because they have a limited amount of money coming in.

In general, teenagers don't earn a lot of money, any bank account that they get therefore, should be one that doesn't reduce this little amount of money that they get.

It is therefore best that teenagers try to find accounts that have little or reduced fees. To this end, some banks offer teenage savings accounts that:

Don't charge for ATM withdrawalsDon't charge for transactions on a debit card

In conclusion, teenagers should try to get accounts that do not have fees attached so as not to reduce the limited income they probably get.

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if davidson has 7,000 units on hand at december 31, the cost of ending inventory under the average-cost method is

Answers

The cost of ending inventory under the average-cost method is $75,250.

The average cost method is a method used to determine the cost of inventory in which the cost of goods sold is determined by determining the weighted average of the cost of inventory.

Average cost method = total cost of inventory bought / total units bought

(5,000 x $8) + (15,000 x 10) + (20,000 x 12) = $430,000

Total units bought = 5000 + 15,000 + 20,000 = 40,000

Price of inventory = $430,000 / 40,000 = $10.75

Cost of ending inventory = $10.75 x 7000 = $75,250.

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the complete portfolio refers to the investment in _________.

Answers

Answer:

In finance speak, a portfolio refers to a collection of investments or financial assets held by an individual, investment company, financial institution or hedge fund. This grouping of financial assets can include everything from gold and property to stocks, bonds and cash equivalents.

Explanation:

Hope this helps :)

bucky’s hardware sold merchandise worth $1,200 to a customer, and offered terms of 2/10, n/30. if the customer pays within 10 days, bucky’s hardware will receive:

Answers

Assuming bucky’s hardware sold merchandise worth $1,200 to a customer, and offered terms of 2/10, n/30. if the customer pays within 10 days, bucky’s hardware will receive: $1,176

Using this formula

Amount received=Merchandise sold-(Merchandise sold ×Discount)

Where:

Merchandise sold =$1,200

Discount=2%

Let plug in the formula

Amount received=$1,200-($1,200×2%)

Amount received=$1,200-$24days

Amount received=$1,176

Inconclusion if the customer pays within 10 days, bucky’s hardware will receive: $1,176

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which general staff member negotiates and monitors

Answers

Answer:

The Finance/Administration Section is the General Staff member that negotiates and monitors contracts, maintains documentation for reimbursement, and oversees timekeeping for incident personnel.

Another term for a checking account is a time deposit.
True
Or False

Answers

Answer:

False because you only go and check your account you don't deposit anything only if you want

Answer: False

Explanation:

often the most difficult part of computing accurate unit costs is determining the proper amount of _________ to assign to each product, service, or job.

Answers

Overhead cost.


Hope this helps!

________ is a technique used to predict future outcomes based on historical data and analytics techniques.

Answers

Answer:

predictive analytic

Explanation:

predictive analytic is the use of data and machine learning techniques to identify future outcomes based on historical data.

the process of moving goods from the manufacturer into the hands of the consumers is generally referred to as

Answers

The process that entails how the goods from manufacturer get down to the consumer is distribution channel.

Distribution channel can be regarded as the methods that is been utilized by firm so that they can deliver their products or services to the end consumer.

This method  involves  network of intermediary businesses.

Theses intermediary are as follows, The manufacturers produce the goods moved to the wholesalers , then the wholesaler deliver to retailers.

Therefore, Distribution channel is necessary in business for the goods to reach final consumer.

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is when a product is sold from the manufacturer to the end consumer, with no wholesale or retail

companies in between.

A. Direct distribution

B. Extraction

C. Hospitality

D. Subcontracting

Please select the best answer from the choices provided

A

0 00

D

Mark this and retum

Save and Exit

Next

Submit

Answers

Answer:

a

Explanation:

Which action would most likely harm a person's credit score?
A. Completing a credit card application
B. Spending a small portion of a credit limit
C. Researching a credit card's interest rate
O D. Failing to pay minimum monthly payments

Answers

Answer: D

Explanation:

Failing to give minimum monthly payments is activity would most likely harm a person's credit score.

What is credit score?

Credit score is the creditworthiness of the person and the ability to pay the debt of the credit. Credit score can be build according the previous maintenance and transaction from the account. If the person has good background, the bank can give them more credibility.

Thus, option D is correct.

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Interviewers asked Jeff to discuss a time when he demonstrated adaptability at his job. What is the MOST appropriate response for Jeff to give?

A.
Because I am introverted, I was able to work by myself for most of the day.

B.
When our old software no longer worked, I came up with a new system that could help us meet our goals.

C.
I consistently communicated well by writing very detailed emails to my colleagues.

D.
My emotional intelligence is so high that I can usually tell what everyone in a room is feeling.

Answers

Answer:

B. When our old software no longer worked, I came u with a new system that could help us meet our goal.

Explanation:

When the old software didn't work, Jeff adapted to the situation and created new software for the company so that the company could continue on with its work and achieve their goal.

B is the answer to this question it fits the best out of all the options

this is the premium that reflects the risk associated with changes in interest rates for a long-term security.

Answers

Answer:

1. Real risk-free rate.

2. Nominal risk free-rate.

3. Inflation premium.

4. Liquidity risk premium.

5. Liquidity risk premium.

6. Maturity risk premium.

Explanation:

Choose all of the possible causes of structural unemployment
es
А)
changes in seasons
B)
changes in technology
increase in global competition
D)
changes in personal career choices
E)
changes in required training or education

Answers

Answer:B) changes in technology C) increase in global competition E) changes in required training or education

Explanation: I just did it

The possible causes of structural unemployment are changes in technology, an increase in global competition and changes in required training or education. The correct option is b, c and e.

What is structural unemployment?

Structural unemployment refers to a longer-lasting form of unemployment caused by fundamental shifts in an economy and exacerbated by extraneous factors such as technology, competition, and government policy. This type of unemployment occurs because workers lack the requisite job skills or live too far from regions where jobs are available and cannot move closer.

Although jobs are available, there is a serious mismatch between what companies need and what workers can offer. Growing technology in all areas of life increases future structural unemployment because workers without adequate skills will get marginalized. Even those with skills may face redundancy, given the high rate of technological obsolescence and the growing use of machines or AI.

Structural unemployment can last for decades and usually requires a radical change to reverse.

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a customer of a bank is skiing at her favorite ski resort. as she is riding the ski lift, her cell phone dings with a text reminding her to pay her credit card in the next few days before the deadline. she really enjoys how her bank sends her reminders and timely messages, and this builds her loyalty to the bank. this example illustrates which unique attribute associated specifically with digital marketing?

Answers

Answer:

mobile and portable

Explanation:

This illustrates mobile and portable unique attributes associated specifically with digital marketing.

What is illustration?

A decoration, interpretation, or visual explanation of a text, concept, or process is called an illustration. Illustrations are made to be integrated into print and digitally published media, including posters, flyers, magazines, books, instructional aids, animations, video games, and films

When promoting goods and services, digital marketing makes use of the Internet and other online-based technology such as desktop computers, mobile phones, and other digital media and platforms.

Therefore, Product attributes are traits or qualities that characterize a good. These qualities can be tangible,

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