What Is the Consumer Product Classification System Based On

question 117

Multiple Choice

What is the consumer product classification system based on?

• A)how the market is segmented
• B)the way the products are manufactured
• C)the way products are used
• D)the amount of effort consumers spend to acquire the product

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Definitions:

Organizational Learning

The process through which an organization acquires, develops, and transfers knowledge throughout the organization.

Potent Determinant

A powerful factor or force that decisively affects the nature or outcome of something.

Specific Factors

Components or elements that are unique to a particular situation, environment, or condition, affecting outcomes in a distinct way.

Learning Organizations

Organizations that actively cultivate, facilitate, and encourage the continuous learning and development of their members to adapt and transform.