For Most Products, as Long as the Customer Perceives the Ratio

question 67

Multiple Choice

For most products, as long as the customer perceives the ratio of price and benefit to be at least at equilibrium, perceptions of __________ will likely be favorable.

• A) Market share
• B) Quality
• C) Value
• D) A & B
• E) A & C

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Definitions:

Commercial Usage

The habitual practices and norms that are recognized and enforced among businesses in specific industries.

Deemed To Have Accepted

Considered to have agreed to or acknowledged something, typically by failing to object within a certain period.

Crates Of Strawberries

Containers used for the transportation and storage of strawberries, typically made of wood or plastic.

Ex-Ship

A term used in international trade that specifies the seller's obligation to deliver goods to a designated port of arrival, with risk transferring to the buyer once off-loaded.