While Buying a Car,a Potential Buyer Takes into Consideration Several

question 72

Multiple Choice

While buying a car,a potential buyer takes into consideration several aspects of the car,such as its design,quality,ease of servicing,speed,and mileage.An automobile company,that takes into consideration all these aspects while manufacturing and selling its cars,is said to be practicing the _____ concept.

• A) value marketing
• B) multifaceted product
• C) total value
• D) product value
• E) net worth

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Definitions:

Functionalism

A sociological paradigm that emphasizes the way in which the parts of a society are structured to maintain its stability and functionality.

Conflict Theory

A theoretical framework in sociology that views social life as a competition for limited resources.

Income

Money received annually from all sources.

Wealth

Net accumulated assets, including homes, land, and stocks.