A Description Method Used When a Product or Service Is

question 53

Multiple Choice

A description method used when a product or service is proprietary or when there is a perceived advantage to using a particular supplier's product or services is:

• A)description by market grade.
• B)description by brand.
• C)description by specification.
• D)description by performance characteristics.

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Definitions:

Investment

The action or process of allocating resources, usually money, with the expectation of generating an income or profit.

Desirability

The attractiveness or appeal of something, often influenced by factors such as quality, utility, or scarcity.

Sum Of Money

A specific amount of currency or funds, often specified for particular transactions or savings.

Future

A legal contract to buy or sell a particular commodity or asset at a predetermined price at a specified time in the future.