When Obtaining Information on Products and Services from Websites, Discussion

question 19

True/False

When obtaining information on products and services from websites, discussion boards, and blogs, it is important not to assume that vendors' claims are accurate.

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Definitions:

Competition

The rivalry between businesses or individuals for customers, market share, or achievement within an industry, sport, or another domain.

Utility

The total satisfaction or benefit derived from consuming a product or service.

Marketing

The activity of producing, conveying, distributing, and trading goods and services that are valuable to consumers, clients, allies, and the broader community.

Benefits

Advantages or positive outcomes that satisfy the needs or wants of consumers or stakeholders.