According to the Text, Consumer Preference Isn't Based on Taste

question 68

Short Answer

According to the text, consumer preference isn't based on taste alone.Consumers attach ________ to brands and develop ________ that go beyond a product's physical attributes.
value, choices
meaning, relationships
benefits, alliances
labels, lists
names, icons

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Definitions:

Developing Countries

Nations with a lower level of material well-being, industrialization, and economic development compared to developed countries.

Developed Countries

Nations with high levels of economic productivity, advanced infrastructure, and higher standards of living.

Technology

The application of scientific knowledge for practical purposes, especially in industry, which can significantly influence productivity and economic growth.

Capital

Wealth in the form of money or other assets owned or used by a person or organization for a particular purpose such as investment in productive projects.