What Is the Term That Encompasses a Good,a Service,or an Idea

question 22

Multiple Choice

What is the term that encompasses a good,a service,or an idea designed to fill a consumer need?

• A) product
• B) firm
• C) want
• D) utility
• E) condition

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Definitions:

Formal

described as activities, processes, or behaviors that are officially sanctioned and structured within an organization or institution.

Informal

Casual, unstructured, or unofficial in nature, not bound by formal rules or standards.

Career-Counseling

Career-Counseling is a professional service designed to help individuals understand themselves and the world of work to make informed career, educational, and employment decisions.

Career-Planning

The process individuals undertake to make informed decisions about their career paths, including setting goals and strategies for achieving them.