This topic contains a solution. Click here to go to the answer

Author Question: How does product differentiation allow a firm to exert some control over a product's ... (Read 57 times)

melina_rosy

  • Hero Member
  • *****
  • Posts: 531
How does product differentiation allow a firm to exert some control over a product's price?

Question 2

The primary functions a manager performs include planning, solving problems, leading and motivating, and controlling.
 
 Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

stanleka1

  • Sr. Member
  • ****
  • Posts: 325
Answer to Question 1

When a product is differentiated, buyers perceive the distinguishing characteristics of a product or service and will consider buying due to those characteristics. When customers have chosen a brand for non-price reasons, they are not as swayed by competing firms or brands.

Answer to Question 2

False



melina_rosy

  • Hero Member
  • *****
  • Posts: 531

stanleka1

  • Sr. Member
  • ****
  • Posts: 325

 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

For a complete list of videos, visit our video library