Which of the Following Aspects of a Product Is Determined

question 52

Multiple Choice

Which of the following aspects of a product is determined largely by price,and directly impacts a company's profitability?

• A)cost
• B)demand
• C)utility
• D)durability

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Definitions:

Social Responsibility

The idea that entities, whether individuals or organizations, are obligated to act for the benefit of society at large.

Community

A group of people living in the same place or having a particular characteristic in common.

Interplay

The way in which two or more things influence or affect each other.

Values

Positive abstractions that capture our sense of what is good and desirable.