To answer the question regarding which option firms maintain for gaining a competitive advantage through product differentiation, let's analyze the given options:

1. **Prices**: Maintaining differentiation based on prices is more about cost leadership than product differentiation.

2. **Creation**: This could refer to creating new products, but it does not capture the essence of differentiation.

3. **Reputation**: While having a good reputation can support differentiation, it is not a direct form of differentiation itself.

4. **Innovation**: Maintaining innovation is closely linked to product differentiation. Firms that continually innovate can create unique products, thereby differentiating themselves from competitors.

### Conclusion
The best option is **d. innovation**. Firms that maintain a strong focus on innovation in their products are likely to achieve product differentiation, which in turn provides them with a competitive advantage in the market.

Question

To answer the question regarding which option firms maintain for gaining a competitive advantage through product differentiation, let's analyze the given options:

1. **Prices**: Maintaining differentiation based on prices is more about cost leadership than product differentiation.
  
2. **Creation**: This could refer to creating new products, but it does not capture the essence of differentiation.

3. **Reputation**: While having a good reputation can support differentiation, it is not a direct form of differentiation itself.

4. **Innovation**: Maintaining innovation is closely linked to product differentiation. Firms that continually innovate can create unique products, thereby differentiating themselves from competitors.

### Conclusion
The best option is **d. innovation**. Firms that maintain a strong focus on innovation in their products are likely to achieve product differentiation, which in turn provides them with a competitive advantage in the market.

Knowee AI · Accepted Answer

To answer the question regarding which option firms maintain for gaining a competitive advantage through product differentiation, let's analyze the given options:

1. **Prices**: Maintaining differentiation based on prices is more about cost leadership than product differentiation.
  
2. **Creation**: This could refer to creating new products, but it does not capture the essence of differentiation.

3. **Reputation**: While having a good reputation can support differentiation, it is not a direct form of differentiation itself.

4. **Innovation**: Maintaining innovation is closely linked to product differentiation. Firms that continually innovate can create unique products, thereby differentiating themselves from competitors.

### Conclusion
The best option is **d. innovation**. Firms that maintain a strong focus on innovation in their products are likely to achieve product differentiation, which in turn provides them with a competitive advantage in the market.

When firms maintain _______________ of product differentiation, they gain a competitive advantage.Select one:a.pricesb.creationc.reputationd.innovation

Question

When firms maintain _______________ of product differentiation, they gain a competitive advantage.

Solution

Conclusion

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