The Five Product Levels Constitute a ________

question 69

Multiple Choice

The five product levels constitute a ________. At each level more customer value is added.

• A) product line
• B) business model
• C) customer value-hierarchy
• D) value grid
• E) demand chain

Understand the importance and methods of asking pertinent questions in content marketing to decide on content focus.

Grasp the components of the PESO model and how it applies to different marketing strategies.

Identify and distinguish between different types of content that can be created on social media.

Learn the strategic approach of content marketing and its importance in building brand awareness and engagement online.

---

Definitions:

Machine Hours

A measure of the amount of time a machine is operated, often used for accounting, cost allocation, or operational planning.

Labor Hours

The total number of hours worked by all employees in a specific time period.

Marginal Product

The additional output that is gained by employing one more unit of a particular input, holding all other inputs constant.

Total Output

The quantity of goods and services produced by a firm or economy over a specific period.