What Do We Call a Physical Good or Delivered Service

question 54

Multiple Choice

What do we call a physical good or delivered service that provides a core benefit?

• A) promised product
• B) actual product
• C) pure product
• D) augmented product

---

Definitions:

Budget

A plan that commits resources to projects or activities.

Vision

A future-oriented declaration of the organization's goals and aspirations, intended to guide its internal decision-making.

Corporate Strategy

The overall plan and direction devised by the management of a company to achieve long-term business objectives.

Business Strategy

A plan of action designed by an organization to achieve its long-term goals and secure a competitive position in the market.