Which of the Following Is the Best Definition of Product

question 2

Multiple Choice

Which of the following is the best definition of product features?

• A) The things a product does that provide benefits to the customer
• B) Mechanical efforts or activities a company provides that add value to a product
• C) Specific design characteristics that allow a product to perform certain tasks
• D) How a product is conceived, planned, and produced with the necessary functions
• E) The physical appearance of a product

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Definitions:

Export

The sale and shipping of goods or services from one country to another.

Import

The act of bringing goods or services into a country from abroad for sale.

Zero-Sum Game

A situation in game theory where one participant's gain or loss is exactly balanced by the losses or gains of the other participants.

Exploitation

Utilizing resources or people in an unfair or unethical manner for one's own benefit, often underpaying or overworking them.