Products That the Customer Either Does Not Know About or Knows

question 37

Short Answer

Products that the customer either does not know about or knows about but does not think of buying are known as ________ products.

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Definitions:

Annual Cash Operating Costs

Refers to the total amount of cash expenditures that a business incurs within one year to maintain its operations excluding non-cash expenses.

New Bus

A recently manufactured bus, not previously used or owned, often equipped with the latest features and technology.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.

Annual Cash Operating Costs

The total amount of money a business spends on its operations over the course of a year, excluding non-cash expenses.