A Good Has Tangible Attributes That a Consumer's __________ Can

question 217

Multiple Choice

A good has tangible attributes that a consumer's __________ can perceive.

• A)cognitive intelligence
• B)knowledge of past experiences
• C)five senses
• D)sixth sense
• E)emotional intelligence

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Definitions:

Cash Flow Hedge

A strategy used by companies to manage the risk associated with fluctuation in cash flow due to changes in foreign exchange rates, interest rates, or commodity prices.

Forward Contract

A contractual agreement to buy or sell a particular commodity or financial instrument at a pre-determined price at a future date.

Spot Rates

The existing market value at which one can buy or sell a currency for instant delivery.

Selling Price

The set amount of money for which a product or service is sold to customers.