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Alexxandr [17]
3 years ago
13

________ is a competitive strategy for creating brand loyalty by developing new and unique products and services that are not ea

sily duplicated by competitors.
Business
1 answer:
boyakko [2]3 years ago
7 0

Answer: PRODUCT DIFFERENTIATION

Explanation:

This is a marketing strategy that some companies employ whereby they aim to distinguish their products from that of competitors by giving it certain features that expound on its strength in the market.

This strategy can create a competitive advantage for goods that will ensure that the company maintains a dominant place in the market.

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as consumer demand for new cars increases, tire makers and steel and aluminum suppliers may experience an increase in demand for
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The increase in demand for tire makers, steel and aluminium suppliers is an example of derived demand.

Derived demand is the demand for a good or service as a result of an increase in the demand for another good or service. Labour and raw materials usually have a derived demand.

As the demand for new cars increase, car makers would want to produce more cars in order to meet the increased demand. This would lead to an increase in the raw materials and labour that is needed to make more cars. On the other hand, if there is a decrease in the demand for new cars, there would also be a decrease in the demand for the raw materials and labour that is needed to make more cars.

A similar question was answered here: brainly.com/question/14010943?referrer=searchResults

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What is the difference between a commercial bank and a savings bank
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3 years ago
Read 2 more answers
Which of the following group of countries is more likely to lag in terms of green practices, according to the IBM study mentione
Alexxandr [17]

Answer:

Correct answer is A. North America

Explanation:

IBM environmental study report the list countries according to their responses to the green practice which indicate that North America is likely to lag in the eco-friendly activities.

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