Use the Following Information to Answer the Question

question 2

Multiple Choice

Use the following information to answer the question. Bellei Extravecchio Balsamico Tradizionale is a very expensive brand of balsamic vinegar. A twelve ounce bottle typically costs two- hundred dollars or more. In a blind taste test, a group of food experts tasted three premium balsamic vinegars, with the most expensive one being Bellei Extravecchio Balsamico Tradizionale. When asked to pick the most expensive balsamic vinegar, 92 got it right and 76 got it wrong.
-If this group were just guessing, how many people (out of 168) would be expected to guess correctly?

• A)Not enough information given to calculate expected value.
• B)84
• C)70
• D)56

Recognize the significance of infrastructure in delivering customer value.

Acknowledge the importance of focusing on customers' needs and jobs in creating successful CVPs.

Differentiate between various approaches to creating CVPs and their effectiveness.

Understand the role of disruption in creating and defining new markets or transforming existing ones.

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Definitions:

Deindividuation

A sense of anonymity and loss of individuality, as in a large group, making people especially likely to engage in antisocial behaviors such as theft.

Crowding

The feeling of discomfort or stress caused by a high number of individuals in a given space, leading to a perceived lack of personal space.

Density

A physical property representing mass per unit volume.

Serotonin

A neurotransmitter that plays a key role in mood regulation, appetite, sleep, and other physiological processes.