In Increasingly Fast-Paced Markets, Price and Technology Are Not Enough

question 86

Multiple Choice

In increasingly fast-paced markets, price and technology are not enough. ________ is the factor that will often give a company its competitive edge and is defined as the totality of features that affect how a product looks, feels, and functions in terms of customer requirements.

• A) Conformance
• B) Design
• C) Performance
• D) Reliability
• E) Style

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Definitions:

Shared Environment

Environmental factors that contribute to sibling similarities, including family background and childhood experiences.

Genetics

The examination of genetic inheritance and the differences in traits passed down through generations.

Gene Expression

How much a gene influences traits or outcomes.

Genotypic Manifestation

The physical or behavioral characteristics displayed by an individual resulting from its genotype.