Question

Which of the following refers to any factors that allow a company to differentiate its product or service from those of its competitors to increase market share?

A) functional strategy
B) competitive advantage
C) distinctive competence
D) competitive focusers
E) related diversification

Answer 1

Differentiated products are actions that make a company's products different from competitors, helping to gain a competitive advantage and increase market share.

Step-by-step explanation:

Differentiated products are any actions taken by a company to make its products different from those of its competitors. This can include physical aspects of the product, location, intangible aspects, and perceptions. Differentiating products helps a company gain a competitive advantage and increase its market share.