Product Is a Good,service,or Idea Consisting of a __________ That

question 61

Multiple Choice

product is a good,service,or idea consisting of a __________ that satisfy consumers' needs and is received in exchange for money or something else of value.

• A) promise or commitment exchanged between a seller and a buyer
• B) bundle of tangible and intangible attributes
• C) bundle of tangible attributes
• D) bundle of intangible attributes
• E) bundle of tangible and intangible experiences

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Definitions:

Long-Term Memory

The phase or type of memory responsible for the storage of information over an extended period, from hours to a lifetime.

Permanent

Lasting or intended to last or remain unchanged indefinitely.

Portion

A part of a whole, especially a specific amount of food allocated to serve as a single serving or component of a meal.

Levels-Of-Processing Model

The memory model that describes maintenance rehearsal as “shallow” processing and elaborative rehearsal as “deep” processing.