What a Product or Service Is Worth to a Customer

question 94

Multiple Choice

What a product or service is worth to a customer is the:

• A)brand value.
• B)customer value.
• C)profit potential.
• D)market potential.

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Definitions:

Process Controls

Systems and procedures implemented to regulate processes and ensure they meet desired outcomes efficiently and with quality.

Work History

A record of an individual's past employment, including positions held, responsibilities, and duration of each job.

Reference Checks

The process of contacting previous employers, colleagues, or other sources to verify the qualifications, experience, and reliability of a job candidate.

Staffing

The process of hiring, placing, and overseeing employees in an organization to ensure effective use of human resources.