Examlex

Solved

Which of the Following Is One of the Four Elements

question 28

Multiple Choice

Which of the following is one of the four elements of Deming's system of profound knowledge?


Definitions:

Perceived Value

The worth or significance a customer attributes to a product or service, based on how it meets their needs and expectations.

Dental Insurance

A type of insurance coverage that pays a portion of the costs associated with dental care, including routine checkups, treatments, and surgeries.

Generic Positioning

A marketing strategy where a brand presents itself as an ideal choice because of general characteristics, without focusing on specific features or benefits.

Loyalty

A customer's willingness to repeatedly return to a company to conduct business due to the delightful and rewarding experiences they’ve had with the brand.

Related Questions