Examples of This Include the Status of a Degree from an Ivy

question 35

Multiple Choice

Examples of this include the status of a degree from an Ivy League school, the privacy of a loan office, and worry-free auto repair.

• A) Supporting facility
• B) Facilitating goods
• C) Information
• D) Explicit services
• E) Implicit services

Understand the principles of classification and categorization.

Identify the basis of classification among various groups.

Distinguish items that do not belong to a classified group based on specific criteria.

Recognize various types of categorization across different contexts (vehicles, homes, babies, pets).

---

Definitions:

Service

The act of providing assistance, work, or information to fulfill the needs or requirements of others.

Concept

An abstract idea or a general notion that exists in the mind as a result of mental understanding, awareness, or activity.

New-To-The-Market Products

Inventions that have never before been seen and create a new market.

Repositioned Products

Products that have been marketed or modified to appeal to new demographics or market segments.