What Is the Best Definition of a Product

question 178

Multiple Choice

What is the best definition of a product?

• A) an item that consists of the benefits or customer value received by its sellers
• B) the cluster of benefits that an organization promises customers to satisfy their needs
• C) a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfy consumers' needs and is received in exchange for money or something else of value
• D) an item that the consumer purchases frequently, conveniently, and with a minimum of shopping effort
• E) the set of intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value