A _____ Approach to Determining the Value of an Offering

question 99

Multiple Choice

A _____ approach to determining the value of an offering would include the time and effort related to owning a product,in addition to the benefits received,the price,and hassle.

• A)total cost of ownership (TCO)
• B)service-oriented
• C)product-oriented
• D)product dominant
• E)service dominant

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Definitions:

Checking Account

A bank account allowing the account holder to deposit and withdraw funds, often through the issuance of checks.

Leasing Companies

Companies that provide leasing services, allowing individuals or other businesses to use assets for a specified period in exchange for regular payments.

Tax Agencies

Governmental organizations responsible for administering and collecting taxes.

Utility Companies

Businesses that provide essential services such as water, electricity, and gas to homes and companies.