A Well-Designed Value Proposition Possesses Four Characteristics

question 6

Multiple Choice

A well-designed value proposition possesses four characteristics.Which of the following is NOT one of those characteristics?

• A)It offers the highest product quality in each quality dimension.
• B)It differentiates the firm from its competition in a way that is difficult to imitate.
• C)It satisfies the financial and strategic objectives of the firm.
• D)It can be reliably delivered given the operational capabilities of the firm and its supporting supply chain.

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Definitions:

Single Ownership

A business model where a single individual owns all of the firm's stock and is solely responsible for its decisions.

Cross International Borders

The movement of goods, services, capital, and people across the political boundaries of different countries.

Gear Restrictions

Regulations or limits set on the range of gears that can be used in certain vehicles or machinery to ensure safety or efficiency.

Marginal Social Cost

The cumulative expense to the community for creating an extra unit of a product or service.