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Question
like timex, rolex makes watches. how does rolex add unique value to its products?
by offering convenience
by offering an eco - friendly, ethically - made product
by conferring status
by providing an inexpensive option
Rolex is a luxury watch brand. Luxury brands often add value by conferring status (as a symbol of wealth/success). Offering convenience or an inexpensive option is not typical of Rolex, and its primary unique value isn't centered on eco - ethical production as a main differentiator compared to status.
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C. By conferring status