Broad differentiation strategies generally work best in market circumstances where: Select one: a. Buyer needs and preferences are

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Broad differentiation strategies are most effective in market conditions where: Select one: a. Buyer needs and preferences are too diverse to be fully satisfied by a standardized product b. Most buyers have similar needs and use the product in the same way c. Buyers are price sensitive d. The costs for a buyer to switch to another product are low

Anonymous · Accepted Answer

A. buyer needs and preferences are too diverse to be satisfied by standardized productExplanation:A broad differentiation strategy can be employed by a company when they want to differentiate products or services that appeal to a large number of buyers. They are adopted to be unique by the company.This strategy tends to make a companies product different from the similar products of competitors. A product can be differentiated by the form, size, shape etc. And also the performance quality of a production can be used to differentiate. The ultimate goal of this strategy is to archive a competitive advantage when they offer unique product to their customers.

Prof. Doris Beer IV · Answer

a. Buyer needs and preferences are too diverse to be fully satisfied by a standardized product Explanation:Broad differentiated strategies are strategies employed by a company in a competitive market, which involves the production of a similar product produced by other competitors, but is produced in such a way that it is unique and distinct from other similar products in the market. This helps the company to distinguish it's products from the rest as it gains a competitive advantage over other competitors in the market.Broad differentiated strategy is usually effective in a competitive market that has a broad range of customer preferences, in order words, it would work best in market situations where the needs and preferences of buyers are too diverse to be fully satisfied by a standardized product.

Anonymous · Answer

account balance book uk

Anonymous · Answer

answerboth the short run phillips curve and the aggregate demand and aggregate supply model

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Broad differentiation strategies generally work best in market circumstances where: Select one: a. Buyer needs and preferences are

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