What Is the Key to Creating Value

question 94

Multiple Choice

What is the key to creating value?

• A)accurately advertising a product
• B)providing consumers with benefits that meet their needs and wants
• C)being the first to create a new product or service
• D)convincing consumers that they need a product,even if they do not perceive that they do
• E)making sure that products are priced lower than the competition

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Definitions:

Stare Decisis

A legal principle that dictates that courts are bound by their own earlier decisions and the decisions of higher courts when the same points arise again in litigation.

Unconstitutional

Actions or laws that violate the principles or specific provisions of the Constitution.

Eighth Amendment

A provision of the U.S. Constitution that prohibits the federal government from imposing excessive bail, excessive fines, or cruel and unusual punishments.

Cruel and Unusual Punishment

A legal principle found in the Eighth Amendment of the U.S. Constitution that prohibits the government from imposing severe, excessive, or arbitrary punishments.