Question

An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called

a.

inelastic demand

b.

product differentiation

c.

cost leadership

d.

elastic demand

Posted under Cost Accounting

Answer: (b).product differentiation

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Q. An ability of an organization, to offer its services or products that must be perceived by customers as unique and superior, in comparison to its competitors is called

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