Question

Which of the following methods is adopted for product differentiation?
$A)$Use of trademarks
$B)$ Use of brand names
$C)$Technical specifications of a product
$D)$All of above

Answer 1

Hint: First we have to define what the terms we need to solve the problem are.
Since we need to know the things about the product differentiation which is different between the products of the sellers like two or more sellers; and their products will be too close to each other but not the same product that one is used to.

Complete step-by-step solution:
Now we will check which of the options are correct starting with $A)$Use of trademarks. Since trademarks are the identifies or the distinguishes and that source of goods for the one whose is the party from the other parts. Also known as the service mark for the trade. Hence sellers will surely use the trademarks thus option A is correct.
For the option $B)$Use of brand names; Also, they will use such name brands like Apple, google, amazon to get a reach in the trade, and hence option B is also correct.
Now for $C)$Technical specifications of a product is the document of files that will explain which product will achieve goals that they settled as the workload. Hence C is also the correct option
Hence all the options are correct as the seller will use the trademarks for sure and the brand names to reach their company and also a technical specification for the product to an intensive selling range.
Thus option $D)$All of the above is correct (as all options are correct)

Note: We are simply able to answer this question of product differentiation because for a trade we need all the options to run to the sellers so that they are able to obtain more trade for more gain. And product differentiation is almost the same as every option but not the same.