Any Feature in a Product That Identifies One Seller's Good

question 48

Multiple Choice

Any feature in a product that identifies one seller's good or service as distinct from those of other sellers is called a(n) :

• A)augmented product.
• B)product mix.
• C)customer lifetime value.
• D)brand.
• E)core customer value.

---

Definitions:

Fringe Benefits

Benefits provided to employees in addition to wages and salaries.

Recognized

In accounting, refers to the formal acknowledgment of a financial transaction or position within financial statements.

Social Security Taxes

Taxes collected from employees and employers to fund the Social Security program, providing benefits for retirees, disabled individuals, and survivors.

Federal Unemployment Taxes

Taxes imposed on employers based on employee wages to fund unemployment compensation to workers who have lost their jobs.