_____ Are the Abstract Outcomes of Product or Service Usage

question 94

Multiple Choice

_____ are the abstract outcomes of product or service usage that are intangible,subjective and personal.

• A)Functional consequences
• B)Psychosocial consequences
• C)Bundles of attributes
• D)Service assessments
• E)Psychological stimuli

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Definitions:

Actual Level

Represents the real, measured level of activity, production, or performance, as opposed to estimated or planned levels.

Revenue Variance

Revenue variance is the difference between actual revenue and budgeted or forecasted revenue, indicating the effectiveness of a company’s sales strategies.

Units Sold

The quantity of products or services sold by a company during a specific period of time.

Selling Price

The amount of money charged for a product or service, or the sum of the value that customers exchange for the benefits of having or using the product or service.