The Performance of a Product or Service Fulfills

question 94

Multiple Choice

The performance of a product or service fulfills:

• A)esteem needs.
• B)functional needs.
• C)safety needs.
• D)physiological needs.
• E)psychological needs.

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Definitions:

Drawer

A drawer is the party that issues or writes a check or draft instructing the drawee, such as a bank, to pay a specified sum of money to a third party, the payee.

Breach of a Warranty

The failure to fulfill the terms of a promise or guarantee given regarding the quality or duration of a product or service.

Alters

To change or modify something, which can refer to physical alterations, adjustments in plans or behaviors, or amendments in documents.

Business Loan

A loan specifically intended for business purposes, including start-up, expansion, or operational needs.