Which of the Following Are Reasons Why It Is Imperative

question 72

Multiple Choice

Which of the following are reasons why it is imperative that marketers determine the just noticeable difference?

• A) So that negative changes are not readily discernible to the public and so product improvements are very apparent to consumers without being wastefully extravagant.
• B) Product improvements, or negative changes, are not very apparent to customers - just below the j.n.d.
• C) Price increases are very apparent to customers - just above the differential threshold.
• D) Both (a) and (c).

Comprehend the concept and application of evidence-based management in organizational decisions.

Identify key companies that have successfully applied analytics and crowdsourcing in their operations.

Understand the components and significance of big data in modern business strategies.

Acknowledge the importance of scientific research and evidence in management practices.

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