Answer: You can know if you have differentiated products if we have a quality that stands out from the other competitors.
For example: Our service time is less than the competition and we also give gifts to our buyers, things that the competition does not do.
The basis for differentiation is to look for that quality that the competition does not have and that adds value to what we are doing.
Answer:
B. Getting caught in the transition period without a clear strategic advantage.
Answer: variable budget
Explanation: In simple words, variable budget refers to the budget statement which shows how much different costs would vary if the level of activity as per standards set increases or decreases.
These are also called flexible budget and are made on the basis of current level of output. These budgets provides flexibility to the management with respect to both best case and worst case scenarios.
From the above we can conclude that the correct answer is variable budget.
Answer:
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