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A Value Proposition Includes the Whole Bundle of Benefits the Firm

question 133

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A value proposition includes the whole bundle of benefits the firm promises to deliver, not just the benefits of the product itself.


Definitions:

Small Amount

A quantity that is less than average or nominal, often referring to a minimal or insignificant portion of something.

Opinion

A belief or judgment that rests on grounds insufficient to produce complete certainty.

Cognitive Dissonance

The discomfort in one's mind arising when an individual simultaneously holds multiple conflicting beliefs, ideas, or values.

Political Candidate

An individual who offers themselves for election to a political office or position within a government.

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