________ Is a Good, Service, or Idea That Creates Value

question 105

Multiple Choice

________ is a good, service, or idea that creates value for both the organization and its customers by satisfying their needs and wants.

• A) An exchange
• B) A countertrade
• C) A profit center
• D) An offering
• E) An industry

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Definitions:

Education

The process of receiving or giving systematic instruction, especially at a school or university.

Compensation Strategy

The method by which a company determines and allocates rewards and benefits to its employees, ensuring competitive pay and job satisfaction.

Employment Standards Legislation

Laws and regulations that define minimum employment conditions, rights, and protections for workers, such as hours of work, wages, and leave entitlements.

Financial Means

The monetary resources available to an individual, organization, or country.