A Product

question 6

Multiple Choice

A product

• A)consists of the benefits or customer value received by its sellers.
• B)is the cluster of benefits that an organization promises customers to satisfy their needs.
• C)is a good,service,or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value.
• D)consists of items that the consumer purchases frequently,conveniently,and with a minimum of shopping effort.
• E)is the set of intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value.

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Definitions:

Absolute Threshold

The smallest quantity of physical energy that can be reliably detected by an observer.

Groupthink

A psychological phenomenon that occurs within a group of people, in which the desire for harmony or conformity in the group results in an irrational or dysfunctional decision-making outcome.

Suppress Dissension

The act of preventing or reducing disagreement or opposition, typically within a group or organization.

Deindividuation

A psychological state characterized by diminished self-consciousness, reduced social identity, and disinhibited behavior, often occurring in group settings.