The Three Major Subdivisions of the Product Decision Are

question 18

Multiple Choice

The three major subdivisions of the product decision are

• A) selection, definition, and design
• B) goods, services, and hybrids
• C) strategy, tactics, and operations
• D) cost, differentiation, and speed of response
• E) legislative, judicial, and executive

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Definitions:

Customized Service Delivery

Tailoring the provision of services to meet the specific needs or preferences of individual customers.

Off-Peak Pricing

A pricing strategy that involves lowering prices during times of lower demand to encourage more usage or consumption.

Demand Variations

Fluctuations in consumer desire for a product or service over time, often influenced by factors like seasonality, price changes, and trends.

Off-Peak Pricing

is a pricing strategy where prices are lowered during times of less demand to encourage more consumption or use of a service.