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When Customers Are Willing to Pay a Premium to Get

question 46

Multiple Choice

When customers are willing to pay a premium to get precisely what they want and a company responds quickly to satisfy customer needs,the company has achieved what is called ________.


Definitions:

The CPU

Stands for Central Processing Unit, the primary component of a computer that performs most of the processing inside the computer.

Input Technologies

Technologies that allow users to input data into a computer or other digital devices, including keyboards, mice, and touchscreens.

Instructions

Directions or orders given by one entity to another, detailing how tasks should be performed or operations conducted.

Computer

An electronic device capable of processing data according to a set of instructions to produce outputs.

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