Customer value refers to: a. The need of a customer to receive the highest quality product at the lowest possible price. b. The least expensive product that will provide it with most of the basic benefits. c. A statement that, before product development begins, identifies (1) a well-defined target market; (2) specific customers' needs, wants, and preferences; and (3) what the product will be and do to satisfy consumers. d. The unique combination of benefits received by targeted buyers that includes quality, convenience, on-time delivery, and both before-sale and after-sale service at a specific price. e. The cluster of benefits that an organization promises customers to satisfy their needs.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Customer value refers to: a. The need of a customer to receive the highest quality product at the lowest possible price. b. The least ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Convertible preferred stock valerian corp convertible preffered sotck has a fixed conversion ratio of 5 share per 1 of preferred stock. the preferred stock pays a dividend of!10 per share year.
Answers (1)
Which of the following is being fulfilled when management compares the budget to actual? results? A. Planning B. Directing C. Controlling D. Adjusting
Answers (1)
What amendment gave the national government the power to prevent states from violating the rights of their citizens, granted the freed slaves citizenship, and gave the federal courts the power to oversee state legislation.
Answers (1)
What is the main role of the US Import Administration? A) creating more free trade treaties B) enforcing conditions of trade agreements C) regulating standards for goods exchanged in trade D) recruiting countries to participate in trade agreements
Answers (1)
The primary difference between a static budget and a flexible budget is that a static budget a. is suitable in volatile demand situation while flexible budget is suitable in a stable demand situation. b.
Answers (1)
New Questions in Business
Select hte correct answer. Wesley is working as a store manager for a department store chain. He performs many tasks in this role.
Answers (1)
Which of the project evaluation approaches described in Project Management in Practice do you believe is best for your project, and which would be least effective, and why?
Answers (1)
Deirdre's business purchased two assets during the current year (a full 12-month tax year). Deirdre placed in service computer equipment (5-year property) on January 20 with a basis of $15,000 and machinery (7-year property) on September 1 with a
Answers (1)
Have you received a conditional certification from the state workforce agency (swa) or a participating local agency for the work opportunity credit?
Answers (1)
A positive value for PVGO suggests that the firm has: A) A positive return on equity. B) A positive plowback ratio. C) Investment opportunities with superior returns. D) A high rate of constant growth.
Answers (1)