Developing a Product or Service Involves Defining the Benefits That

question 135

Multiple Choice

Developing a product or service involves defining the benefits that it will offer. These benefits are communicated and delivered by ________.

• A) product labels
• B) product attributes
• C) support services
• D) product packaging
• E) branding

Comprehend the structure of expert systems and their functioning.

Understand the concept and importance of contrary recognition and noticing in the creative process.

Learn how the problem space theory explains problem-solving processes.

Understand the utility and limitations of algorithms and heuristics in problem-solving.

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Definitions:

Fund Providers

Entities or individuals that supply capital or resources to investments, projects, or businesses.

Sole Proprietorships

A business owned and operated by a single individual with no distinction between the business and owner.

Tax Advantage

Financial benefits that apply to certain accounts or investments which are provided to encourage specific behaviors, such as saving for retirement. These advantages can lead to a reduction in tax liability.

Personal Liabilities

Debts or obligations that an individual is responsible for, as opposed to those belonging to businesses or governmental entities.