A Bundle of Physical,service,and Symbolic Attributes Designed to Satisfy a Customer's

question 232

Multiple Choice

A bundle of physical,service,and symbolic attributes designed to satisfy a customer's wants and needs is referred to as a(n) _____.

• A)byproduct
• B)construct
• C)product
• D)cluster

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Definitions:

Sub-prime Housing Loan

A type of loan that is offered at a rate above prime to individuals who do not qualify for prime rate loans, often due to a poor credit history.

Prime Rate

The Prime Rate is the interest rate that commercial banks charge their most credit-worthy customers, often used as a benchmark in setting rates for various types of loans.

Unqualified Customer

A customer who does not meet the necessary criteria or requirements set by a business or a regulatory body to purchase certain products or services.

Federal Government

The national government of a federated state, which holds the authority to govern issues that affect the entire country.