Question 1
Which of the following focuses on these five factors: competitors, potential entrants to the market, equivalent products, bargaining power of customers, and bargaining power of suppliers?
◦ balanced scorecard
◦ product differentiation analysis
◦ industry analysis
◦ business process reengineering
Question 2
Which of the following statements best define a product differentiation strategy?
◦ It describes how an organization can increase customer base by differentiating its' product prices from its competitors.
◦ It is an organization's ability to achieve lower costs relative to competitors through productivity and efficiency improvements, elimination of waste, and tight cost control.
◦ It describes how an organization can decrease product prices by differentiating its' raw materials from its competitors.
◦ It is an organization's ability to offer products or services its customers perceive to be superior and unique relative to the products or services of its competitors.
Product Rule
Children and adolescents define themselves as they get older
Use the product rule to find derivative
Find derivative using product rule
Use Implicit Differentiation to solve this function
The phenotype of an organism is the product of interactions