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Question
if your company uses a nonprice competition strategy, what should you focus on?
a. lower prices
b. differentiation
c. create direct competitors
d. partner with the public sector
Nonprice competition focuses on distinguishing a product/service from rivals without using price. Lower prices are a price competition tactic. Creating direct competitors is counterproductive. Partnering with the public sector is not a core focus of nonprice competition. Differentiation (e.g., unique features, branding, quality) is the key focus of nonprice competition.
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B. Differentiation