The market for $3-$D televisions is in the introduction stage of the industry life cycle. What does this imply?

There are only a few competitors in the $3-$D television market.

The prices of $3-$D televisions will be lowest during this stage.

The number of buyers in the market is high.

The barriers to entry are low in the industry

Question $58(1$ point$)$

Firms pursuing a differentiation strategy primarily seek to

reduce the value gap to gain a competitive advantage.

provide products that are a direct imitation of the competitors' products

create higher customer perceived value than the value that competitors create.

keep their cost structures lower than that of the cost leader.