Increased Differentiation is competitive position by increasing the differentiation of their product and service offerings.
What is Increased Differentiation?
The key characteristic(s) that set one company's goods or services apart from those of its rivals are referred to as that company's products. Successful product diversification increases sales and customer loyalty.
A product differentiation strategy includes identifying and outlining a company's or product's distinctive features as well as the most critical distinctions between it and its rivals. Creating a strong value proposition and unique selling concept for a product or service is essential to making it appealing to a target market or audience.
If done successfully, product diversification might provide the product's seller a competitive edge and eventually increase brand recognition. The quickest high-speed Internet connection and the most cost-effective electric car on the market are two instances of different commodities.
to learn more about Increased Differentiation click:
brainly.com/question/8107956
#SPJ4
Income effect - This is the increase or decrease in purchasing power brought on by changes in prices.
substitution effect-This refers to how people may buy a lower-priced product rather than a more expensiv product. This effect may change the demand for a good or service.
Answer:
D) Problem removal
Explanation:
Since it has been discovered that women don't like loud music, a woman who just left a loud music technology store for Best Buy stores that doesn't play loud music will have her 'problem removed'.
Best Buy store can be regarded as a problem removal store by helping women to solve their problem of listening to loud music.
Women Will have a good and problem removal experience in Best Buy Store.
Best Buy store has had an advantage against other stores because they don't play loud music and more women will patronise them, thereby, increasing their profits.
Answer:
Option D
Explanation:
As both, the actual rate and actual hours exceed the standards rate and standard hours, both rate and efficiency variance will be unfavorable.
And considering that if the actual labor rate exceeds the standard labor rate and if the actual labor-hours exceed the number of hours allowed, the total labor flexible budget variance will be unfavorable. As the variance is the difference between the Standard Cost and Actual Cost. So if both Standard rate & Standard hrs. are more than actual rate & actual hrs., Actual cost will be more than standard cost i.e. the variance will be unfavorable
Option d is correct
Answer:
D
Explanation:
interest rate per compounding period ; number of compounding periods
