The Products or Services That Are Differentiated from Others Have

question 120

Multiple Choice

The products or services that are differentiated from others have qualities that are

• A)perceived by the customer to add value for which they will pay a premium.
• B)valued by the typical industry customer.
• C)perceived as standardized by the customer.
• D)seen as classic attributes rather than passing fads.

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Definitions:

Safety

The condition of being protected from or unlikely to cause danger, risk, or injury.

Cultural

Pertaining to the ideas, customs, and social behavior of a society, group, or community.

Socioeconomic

Relating to or concerned with the interaction of social and economic factors.

Authoritative Parenting

A parenting style characterized by high expectations accompanied by strong support and emotional warmth.