Value Consists of

question 7

Multiple Choice

Value consists of

• A) A product's proprietary characteristics and by its attributes for which customers are willing to pay.
• B) A product's performance characteristics and by its attributes for which customers are willing to pay.
• C) A product's proprietary characteristics and by its attributes for which customers consider paying for.
• D) A product's performance characteristics and by its attributes for which customers consider paying for.

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Definitions:

Credit Union

A member-owned financial cooperative that is created and operated by its members and provides credit at competitive rates as well as other financial services to its members.

Financial Institutions

Organizations such as banks, credit unions, and finance companies that provide a range of financial services including loans, deposits, and investments.

Real Assets

Physical or tangible assets that have intrinsic value, such as real estate, commodities, or natural resources.

Financial Intermediaries

Institutions that act as middlemen between savers and borrowers, including banks, credit unions, and insurance companies.