Which Type of Quality Is Based on What a Consumer

question 47

Multiple Choice

Which type of quality is based on what a consumer understands about a product?

• A) subjective
• B) perceived
• C) underlying
• D) secondary

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Definitions:

Statement of Ethics

A formal declaration of an organization's values and ethical principles that guides its business practices and decision making.

Aspirational Ethical Values

Principles or standards of behavior that individuals or organizations strive to achieve, often embodying desired moral conduct.

Diversity

The inclusion of individuals with a variety of characteristics, such as race, gender, age, and cultural background, in a group or organization.

Profitability

A measure of the extent to which a business or activity yields financial gain.