Specialty Products

question 113

Multiple Choice

Specialty products:

• A) have a number of close substitutes.
• B) are brands customers request by name.
• C) are generally high in price.
• D) all of the above.
• E) none of the above.

---

Definitions:

Construct Validity

Construct validity is the extent to which a test measures what it claims to be measuring, ensuring that the theoretical concept is accurately captured by the operationalization in research or testing.

Measure

The action or process of quantifying or assessing a quantity, dimension, or capacity, often using specific tools or units of measurement.

Behavior Pattern

Repeated actions or reactions that are characteristic of an individual across different situations.

Scientific Method

A systematic procedure for collecting and analyzing evidence that involves observation, hypothesis formation, experimentation, and conclusion drawing.