Which Dimension of the Product Market Definition Involves the Benefits

question 69

Multiple Choice

Which dimension of the product market definition involves the benefits that are provided to satisfy the needs of the organizational buyers?

• A)Customer function.
• B)Technological.
• C)Customer segment.
• D)Value-added system.

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Definitions:

Fiduciary Duty

An obligation to act in the best interest of another party, for instance, the duty a trustee has towards the beneficiaries of the trust.

Indorsee

The person to whom a negotiable instrument (like a check or promissory note) is endorsed or transferred.

Indorser

A person who signs a negotiable instrument, such as a check, over to another party, transferring ownership.

Qualified Indorsement

An endorsement on a negotiable instrument that limits the liability of the indorser or specifies conditions for the payment.