Question $47$

Blind taste$-$tests have shown that the taste of premium$-$priced vodkas and inexpensive vodkas are indistinguishable even to regular drinkers of vodka. But the sales of premium vodkas are thriving. This is an example of the:

$49$

Select one

$50$

A$.$ perception of perceived prestige and status as a means of differentiating a product.

$51$

B$.$ importance of high$-$quality raw materials when using the differentiation strategy.

$52$

C$.$ risk of product imitation by competitors.

$53$

D$.$ danger counterfeiting holds for firms pursuing the differentiation strategy.