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Exam (elaborations)
BS495 Entrepreneurship: Accurate 
Questions With detailed Answers 
2026 Edition Guaranteed pass 
100% 

New1. The Differentiation Strategy Product Substitutes 
ANSWER Companies without brand loyalty face a higher 
probability of customers switching either to products that 
offer differentiated features that serve the same function 
(particularly if the substitute has a lower price) or to 
products that offer more features and perform functions that 
create more value. 
2. Competitive Risks of the Differentiation Strategy 
ANSWER One risk of the differentiation strategy is that 
customers may...
Exam (elaborations)
BS495 Entrepreneurship: Ch 9-12 basics Questions With Complete Solutions
PopularBS495 Entrepreneurship: Ch 9-12 basics Questions With Complete Solutions