Focusing only on one differentiating feature is a flawed way to pursue competitive efforts that will differentiate a business.
<h3 /><h3>How is differentiation effective?</h3>
Differentiation is a competitive advantage that occurs through market segmentation, the positioning of the company and its products and services. Must meet the criteria:
- Importance
- Spotlight
- Exclusivity
- Accessibility
- Superiority
- Profitability
Therefore, a company that wants to differentiate itself from its competitors must focus on several resources that help change the consumer's perception of differentiation.
Find out more about competitive advantage here:
brainly.com/question/26514848
Answer and Explanation:
It is good to respond to These congratulatory notes or Pat's at the back because are attempts made by others to connect with you personally; people reach out to you through these efforts and professional or personal bonds can be formed because of these.
How should you respond?
You can respond by showing gratitude or by being appreciative of the gestures. You can say you are grateful for the kindness you received regarding your award.
Seeking to sell a new product
Answer:
The disclaimer made on May 31, 2018.
Explanation:
IRS Section 2518(b) regarding Estate and Gift Taxes states:
<em>"A taxpayer may make a qualified disclaimer no later than 9 months after the date on which the transfer creating the interest is made, or the date the person attains age 21." </em>
Since Stacey's interest was created on June 1, 2019, the 9 month grace period ended on March 1, 2020. Therefore the last disclaimer made on May 31, 2020, will be subject to federal gift taxes.