The process of distinguishing a product from its competition in real or perceived terms to attract customers is called product ________
A) coring
B) differentiation
C) actualization
D) development
E) augmentation
B
Explanation: B) Product differentiation is the process of distinguishing a product from its competition in real or perceived terms to attract customers. A company can distinguish a product from its competitors by establishing concrete or intangible differences between similar products.
Business
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Tariffs can be thought of as the "three R's" of global business: rules, rigor, and regulations of individual countries
Indicate whether the statement is true or false
Business
A series of equal payments in which the payment is made at the end of each period is a(n) ________
A) annuity due B) ordinary annuity C) prepaid annuity D) beginning annuity
Business