What Factors (Other Than Price)do Customers Place a Value On

question 44

Essay

What factors (other than price)do customers place a value on? How can a retailer use these factors to create a differential advantage?

---

Definitions:

Limited Period

A specific duration of time that has definite beginning and ending points.

Standard Of Care

The level of care and service provided by healthcare professionals that is considered acceptable and appropriate by peer professional judgment.

Professional Liability

The legal obligation of professionals to compensate for wrongful practices resulting in bodily harm or property damage.

Due Care

The effort made by an individual to avoid harm to another party, as would be expected of a reasonable person under similar circumstances.