A Product Is

question 177

Multiple Choice

A product is

• A) a tangible good received in exchange for a person's time and effort.
• B) intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value.
• C) a good that has in some way been altered, combined, or improved and sold to organizational buyers.
• D) a thought that leads to an action such as a concept for a new invention.
• E) a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value.

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Definitions:

Nerve Impulses

Electrical signals that travel along nerve cells and are used for communication throughout the body.

Sensation

The process of receiving and interpreting information from the environment through sensory receptors.

Motor Neurons

Nerve cells forming part of a pathway along which impulses pass from the brain or spinal cord to a muscle or gland.

Sensory Neurons

Neurons that transmit sensory information from the body to the central nervous system for interpretation.