Which of the Following Refers to a Set of Benefits

question 95

Multiple Choice

Which of the following refers to a set of benefits that a company promises to deliver to customers to satisfy their needs?

• A) customer lock-in
• B) a cartel
• C) marketing mix
• D) value proposition
• E) market segmentation

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Definitions:

Diminishing Returns

A principle stating that as investment in a single area increases, the rate of profit from that investment, after a certain point, cannot continue to increase if other inputs remain constant.

Marginal Product

The additional output generated by employing one more unit of a particular input, holding all other inputs constant.

Hiring Labor

The process of engaging individuals to perform services or work for compensation.

Stock Prices

The current market price of a share of a company's stock, reflecting investor perceptions of the company's future financial prospects.