A Product Benefit Is Defined as A

question 42

Multiple Choice

A product benefit is defined as a:

• A) favorable result the buyer receives from use of the product.
• B) performance characteristic of a product.
• C) physical characteristic of a product.
• D) way the product will work when used.
• E) way in which the product will help the buyer.

---

Definitions:

Transaction Costs

Expenses incurred when buying or selling goods and services, which can include fees, taxes, and other charges.

Tax Implications

The effect that various financial decisions have on one's tax liability, including income generation, investments, and deductions.

Flotation Costs

Expenses incurred by a company in issuing new securities, including fees to underwriters, lawyers, and accountants.

Administrative Fees

Charges that cover the operational costs of managing investments or conducting transactions.