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s2008m [1.1K]
4 years ago
12

Providing something to a target market that is unique and valuable beyond simply offering a lower price than that of the competi

tion is called ________.
Business
1 answer:
Scrat [10]4 years ago
7 0

Answer:

Product or service differentiation competitive advantage

Explanation:

Product or service differentiation is the procedure of distinguishing the service or the product from others in order to make the product or service more attractive for a specific target market.

And Product or service differentiation is a competitive advantage which is tactic of strategic positioning for an business or firm could undertake in order to set its services or products and the brands apart from those of the others.

So, offering the target market which is unique or different by offering lower price than the others or competitors are known as product or service differentiation competitive advantage.

You might be interested in
Describe the difference between multitasking and combining tasks.
Alika [10]
Multitasking means doing two task at the same time without disturbing any of the two task.
Combining tasking means doing the task by combining means like...both of them are processing one after one for a little bit of time...
5 0
3 years ago
Read 2 more answers
Your typical markup for merchandise is 36%. Your cost on an item is $11.00. Calculate the selling price.
wolverine [178]

Answer:

$7.04

Explanation:

$11/10=$1.1 x 3= $3.30

$1.1/10=$0.11 x 6=$0.66

$3.30+$0.66=$3.96

$11-$3.96=$7.04

8 0
3 years ago
with no inflation, a bank would be willing to lend a business firm $5 million at an annual interest rate of 6 percent. but if th
Alex

Interest rate - A bank might want to loan a business structure 5000000 dollar at a n old financing cost of 6%.

What is interest rate?
A percentage of the principal, or the amount loaned, is what a lender charges a borrower as interest. The annual percentage rate, or APR, is the usual unit used to express the interest rate on the a loan (APR). The amount earned from a savings account as well as certificate of deposit at a credit union or bank may also be subject to interest rates (CD). Interest on these deposit accounts is calculated as an annual percentage yield (APY). The borrower is essentially charged interest for the use of the asset. Cash, consumer products, vehicles, and real estate are all examples of lent assets. An interest rate can therefore be viewed as the "cost of money" because it increases the cost of borrowing the very same amount of money.

Learn more about interest rate here:
brainly.com/question/25793394
#SPJ4

3 0
1 year ago
How could government – sponsored grants for the private development of new technologies result in a lower national debt?
Svet_ta [14]

Answer: Making initial development private saves the government from funding all of the research.

Explanation:

A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.

Government award grants for the development of technologies, community projects, home insulation etc.

With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.

6 0
3 years ago
A _____ consists of senior managers representing the business and information technology organizations—to provide guidance and s
34kurt

Answer:

b. project steering team

Explanation:

Project steering team  -

It refers to the member of an organisation or company , who helps to support and guide the project , is referred to as the project steering team .

The team is important for the project success .

These are basically an advisory body of the company , in matters related to project management concerns ,  marketing strategies , company policy , new endeavors and budget .

Hence , from the given information of the question,

The correct term is project steering team .

5 0
4 years ago
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