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

question 217

Multiple Choice

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 known as

• A)a utility.
• B)an item.
• C)a service.
• D)a marketing program.
• E)a product.

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Definitions:

Attractive And Unattractive Features

Traits or characteristics that determine or influence whether a person is found appealing or unappealing.

Demands

Conditions or requirements placed upon an entity or individual.

Expectations

Beliefs or forecasts about what will happen in the future based on past experience or evidence.

Pressure

The pressure is the amount of force exerted at a right angle to the surface of an object, divided by the area across which the force is spread.