Cost Reduction and Avoidance,error Reduction,and Increased Flexibility Are Examples Of

question 101

Multiple Choice

Cost reduction and avoidance,error reduction,and increased flexibility are examples of:

• A)intangible benefits
• B)qualitative benefits
• C)tangible benefits
• D)legal and contractual benefits

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Definitions:

Brand

The name, term, symbol, design, or any combination of these that identifies and differentiates a firm’s products.

Safety and Security

Refers to measures, practices, and policies aimed at ensuring the protection of individuals, organizations, or nations from harm or danger.

Cognitive Dissonance

is the mental discomfort (psychological stress) experienced by a person who simultaneously holds two or more contradictory beliefs, ideas, or values.

Opinion Leader

An individual whose beliefs or attitudes are respected and can influence the opinions and behaviors of a wider audience.