A Product Consists of Three Parts

question 87

Multiple Choice

A product consists of three parts.The reliability of these parts are 0.97,0.98,and 0.86.Calculate and indicate product reliability.

• A)81.8%
• B)73.2%
• C)75.2%
• D)99.1%

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Definitions:

Order Processing

Form of selling, mostly at the wholesale and retail levels, that involves identifying customer needs, pointing them out to customers, and completing orders.

Creative Selling

Persuasive type of promotional presentation.

Marketing Intermediaries

Businesses or individuals that act as a middleman in the distribution channel, moving products from the producer to the consumer.

Special Discounts

Price reductions offered to customers under specific conditions or during certain times.