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:

Fringe

In a societal context, refers to ideas or activities that are unconventional or lie at the edge of mainstream acceptance.

Ideas

Concepts, thoughts, or opinions that form in the mind as a result of mental activity and creativity.

Leader Behavior

Leader Behavior encompasses the actions, decisions, and practices undertaken by a leader to guide, influence, and manage a group of people or an organization.

Tough Work

Work that is physically or mentally challenging, requiring significant effort and resilience.