Broad differentiation strategies generally work best in market circumstances where: Select one: a. Buyer needs and preferences are too diverse to be fully satisfied by a standardized product b. Most buyers have similar needs and use the product in the same way c. Buyers are price sensitive d. The costs of a buyer switching to another product are low

a. Buyer needs and preferences are too diverse to be fully satisfied by a standardized product

Explanation:

Broad differentiated strategies are strategies employed by a company in a competitive market, which involves the production of a similar product produced by other competitors, but is produced in such a way that it is unique and distinct from other similar products in the market. This helps the company to distinguish it's products from the rest as it gains a competitive advantage over other competitors in the market.

Broad differentiated strategy is usually effective in a competitive market that has a broad range of customer preferences, in order words, it would work best in market situations where the needs and preferences of buyers are too diverse to be fully satisfied by a standardized product.  

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

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