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During a Meeting of Top Management,the Discussion Turned to How

question 57

Essay

During a meeting of top management,the discussion turned to how customers evaluate products.One manager,who has several years of experience marketing physical goods,claimed that customers evaluate services in the same way that they evaluate physical goods.How would you respond to this manager? Explain your answer.


Definitions:

Correlated

Describes a mutual relationship or connection between two or more things, where one can predict the existence or properties of one based on the presence of the other.

Positive Correlation

A relationship between two variables where as one variable increases, the other variable also increases.

Vocabulary Test

An assessment used to measure the range and depth of an individual's understanding of words and their meanings.

Elementary School

A school providing primary education typically for children aged five to eleven or similar ages, focusing on foundational subjects.

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