Question

Which is/are a accurate and correct statement about products:

Select one:

a. features are objective, benefits are often subjective

b. the notion of value is based on comparing the costs to the benefits

c. all of the answers are true

d. people buy features but they want the benefit of those features

Answer 1

Ques- (c) All of the answers are true about products.

- features are objective, benefits are often subjective:

- the notion of value is based on comparing the costs to the benefits: A cost-benefit analysis(CBA) is the procedure used to quantify the advantages of a choice or making a move short the expenses related with making that move. A CBA includes quantifiable monetary measurements, for example, income earned or costs spared because of the choice to seek after an undertaking.

- people buy features but they want the benefit of those features: Highlights consistently matter since they furnish your clients with insights about how well your item or administration will convey its advantages. Despite the fact that advantages are commonly more significant than highlights, there are a few times when highlights have a significant effect:

At the point when all the items in a classification give a similar fundamental advantages, a one of a kind component may give an upper hand. For instance, when all blast boxes played tapes and CDs, the one with the bass promoter stood apart despite the fact that the advantage to the buyer was negligible. As another model, when all authority advisors alluded to comparable execution improvement results, the ones who created online demonstrative instruments recognized their work from rivals.