A New Product Which Requires Little or No Change in Existing

question 7

Multiple Choice

A new product which requires little or no change in existing consumer values,beliefs,or behaviors is said to rank high on the factor of:

• A) observability.
• B) compatibility.
• C) trialability.
• D) simplicity.
• E) speed.

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Definitions:

Common Stock

An equity security that signifies part ownership in a company, providing the owner with the right to vote and a portion of the company's earnings through dividends.

Credit

A financial term describing the ability of a buyer to receive goods or services before payment, based on the trust that payment will be made in the future.

Stockholders' Equity

The ownership interest of shareholders in a corporation, represented by the company's assets minus its liabilities.

Services

Services involve non-tangible tasks performed for a fee, offering benefits, help, or satisfaction to customers without producing physical goods.