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A product/service differentiation competitive advantage refers to defining a business in terms of goods and services rather than in terms of the benefits customers seek. a. True b. False
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A product/service differentiation competitive advantage refers to defining a business in terms of goods and services rather than in terms of the benefits customers seek.

a. True
b. False

User EL Kamel
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1 Answer

4 votes

Answer: The given statement is false

Product differentiation refers to the technique of differentiating a commodity/service from other competitors, in order to make it more alluring to a particular individuals. The product/service differentiation competitive advantage refers to the accouterments of commodity that is different/unique and important or valuable to potential individual in addition to simply providing a lower price than competitors.

Therefore the correct option in this case is (b)

User Bairog
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