A Good,service,or Idea Consisting of a Bundle of Tangible and Intangible

question 158

Multiple Choice

A good,service,or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value is referred to as __________.

• A)a widget
• B)a product
• C)a service
• D)an idea
• E)merchandise

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Definitions:

Ritual

A series of actions or type of behavior regularly and invariably followed by individuals, often with symbolic meaning.

Culture Clash

Occurs when individuals or groups from different cultural backgrounds come into conflict due to differing beliefs, values, norms, or behaviors.

Mergers And Acquisitions Hindrances

Factors or obstacles that complicate or impede the process of merging or acquiring companies.

Organizational Culture Artifact

physical, tangible, or visible elements of an organizational culture, representing deeper values and norms.