Examlex
True or False: In multidimensional scaling, the stress statistic is used to measure the distance
between objects.
Value Creation
The process of enhancing a product or service in ways that increase its worth to consumers, thereby generating higher sales or margins.
Form Utility
Form utility refers to the value or usefulness that a product gains from its form or design, enhancing its desirability to users.
Time Utility
The economic value added to goods and services by making them available at the most convenient time for consumers.
Direct Channel
A distribution method where products or services are sold directly from the producer to the consumer, without intermediaries.
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