Product

question 162

Multiple Choice

product

• A) consists of the benefits or customer value received by its sellers.
• B) is the cluster of benefits that an organization promises customers to satisfy their needs.
• C) is 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.
• D) consists of items that the consumer purchases frequently, conveniently, and with a minimum of shopping effort.
• E) is the set of intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value.

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Definitions:

Default Value

The preset option or setting automatically selected in a software application or a programming scenario if no alternative is specified by the user.

Calculated Field

A calculated field is a database or spreadsheet feature that performs a computation on other fields' data and displays the result, often used in data analysis and reporting.

Multivalued Field

A type of database field that can store more than one value for a record, allowing for the storage of multiple types of data.

Infinity Symbol

A mathematical symbol representing the concept of infinity, characterized by a loop that appears as a sideways figure eight (∞).