Instructions: Identify the Following Terms

question 18

Short Answer

Instructions: Identify the following terms.
Association of Southeast Asian Nations (ASEAN)

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Definitions:

Form Utility

The value added to goods through changes in their form or composition, making them more desirable or useful to consumers.

Digital Marketspace

An online environment where goods and services are bought and sold.

Customer Value

The perception of what a product or service is worth to a customer versus the possible alternatives, weighted by the quality and benefits it provides.

Buyer-seller Relationships

The dynamic interactions and transactions between buyers and sellers, often emphasizing cooperation, trust, and communication for long-term engagement.