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A Good,service,or Idea Consisting of a Bundle of Tangible and Intangible

question 187

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A good,service,or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value is referred to as


Definitions:

Direct Approach

A straightforward method of communication or action, aiming for immediacy and clarity.

Positive Response

A positive response is a reply or reaction that reflects acceptance, agreement, or approval.

Tailored Closing

A customized concluding segment in a communication, often in a letter or email, designed to suit the particular recipient or situation.

Goodwill

An intangible asset reflecting the value of a business's reputation, brand, and customer relationships.

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