Having Created Expectation, Marketing Needs to Reduce Perceived___________

question 18

Multiple Choice

Having created expectation, marketing needs to reduce perceived___________ .

• A) Experience
• B) Value
• C) Risk
• D) Time

---

Definitions:

Supplier Codes

Unique identifiers assigned to vendors that allow companies to manage and track transactions and orders more efficiently.

Social Sustainability

The ability of a society to develop processes and structures which not only meet the needs of its current members but also support the ability of future generations to maintain a healthy community.

Just-In-Time (JIT)

An inventory management strategy that aims to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Multiple Sourcing

A procurement strategy where a company uses several suppliers for a certain component or product to reduce dependency on a single source.