ZuoTi.Pro
Question

Question 20 What is true of product features? O Customers want everything but dont want to pay for it The trick to product f
business   finance   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Two out of three of the answers given are correct.

Product features are the features in a product which are required for customers.They are the characteristics for which a person buys the product. A customer wants maximum features but wants to pay as less as possible. Managers of companies work all the time to find and improve those product features for which a customer is willing to pay and what he wants. Hence both first and second options are correct.

0 0
Add a comment
Know the answer?
Add Answer to:
Question 20 What is true of product features? O Customers want everything but don't want to...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • 2. Assume that OfficeMart places orders more frequently, but everything else remains the same. On your...

    2. Assume that OfficeMart places orders more frequently, but everything else remains the same. On your worksheet increase the number of orders from 4 to 20. (Prior to completing this requirement, change all worksheet figures back to their original amounts.) 1 Chapter 7: Applying Excel 3 4 5 Data Manufacturing overhead Selling and administrative overhead $ $ 500,000 300,000 Other 8 9 10 Manufacturing overhead Selling and administrative overhead Total activity Assembling Units 50% 10% 1,000 units Processing Orders 35%...

  • QUESTION 5 Suppose p is a proposition. Suppose you want to establish p is true. Suppose...

    QUESTION 5 Suppose p is a proposition. Suppose you want to establish p is true. Suppose you decided to use proof by contradict ion. Then which of the following would you use? More than one answer may be correct Proof by contraposition, that the statements p q and-p are logically equivalent, establishes the validity of proof by contradiction. pv p is always true p(q~q) where q is a proposition and the fallacy A~q establishes the truth of p O none...

  • An online retailer is studying product reviews and wants to see if customer satisfaction and timeliness...

    An online retailer is studying product reviews and wants to see if customer satisfaction and timeliness of delivery are related. They randomly survey 100 customers. They found that 70% of those whose product arrived ahead of the estimated delivery date said they were satisfied with the product. Only 60% whose product did not arrive ahead of the estimated date said they were satisfied. Overall, 40% of packages arrived ahead of the estimated delivery date. 1. Based on this survey, fill...

  • Just question E In the Ardmore Hotel, 20% of the customers pay by American Express credit...

    Just question E In the Ardmore Hotel, 20% of the customers pay by American Express credit card. Of the next 10 customers, what is the probability that: a) None pay by American Express. b) At least two pay with American Express. c) Fewer than three pay with American Express. d) What is the expected number who pay by American Express? e) Using your understanding of the characteristics of a binomial experiment, explain why this is an example of a binomial...

  • Strategic Marketing for T-mobile You may want to find a Most Valuable Customer (MVC) of the...

    Strategic Marketing for T-mobile You may want to find a Most Valuable Customer (MVC) of the product or service if you are not one yourself, or alternatively think like an MVC. What is the evidence of an MVC of your product or service? It isn't just that the customer regularly buys the product or service.  It means that the customer is treated differently -- better -- than other customers. It means that the MVC represents about 20% of the company's...

  • Discuss what value means to customers and the role that price plays in value “value is...

    Discuss what value means to customers and the role that price plays in value “value is low price” implies that “monetary price is the most important determinant of value to a customer with the company focusing on price” (Zeithaml, Bitner & Gremler, 2018, p. 463). Marketers must recognize how they interpret various prices and how much of a perceived sacrifice. Pricing approach when customers define value as low price include odd pricing, discounting, penetration pricing, and synchro-pricing. “value is everything...

  • QUESTION 1 Jennell the car sales rep asks, "What style, size and features are you looking...

    QUESTION 1 Jennell the car sales rep asks, "What style, size and features are you looking for?" This is an ____________ Information gathering technique called an open ended question Information gathering technique called a closed ended question an information gathering technique called an objection None of the above 2 points QUESTION 2 Older workers are staying in the workforce longer and some take lower paid service jobs for supplimental income True False 2 points QUESTION 3 Sometimes our service to...

  • The answers are in red. I just want to know how to correctly solve this... A hotel claims that 85% of its customers are...

    The answers are in red. I just want to know how to correctly solve this... A hotel claims that 85% of its customers are very satisfied with its service. Complete parts a through d below based on a random sample of five customers. a. What is the probability that exactly four customers are very satisfied? 0.3915 (Round to four decimal places as needed.) b. What is the probability that more than four customers are very satisfied? 0.4437 (Round to four...

  • D Question 7 0.4 pts A 3D printer is a type of: O hologram machine O...

    D Question 7 0.4 pts A 3D printer is a type of: O hologram machine O copy machine labor-intensive machine industrial robot Question 8 0.4 pts You are the operations manager of a "have it your way" hamburger restaurant. Which statement best describes your job? Hire, fire and train employees in cooking hamburgers. O Direct traffic flow for the drive-up window. Conduct market research by tracking customer preferences. O Deliver a finished product, customized to the specific requests of each...

  • Discuss what value means to customers and the role that price plays in value “value is low price” implies that “monetary...

    Discuss what value means to customers and the role that price plays in value “value is low price” implies that “monetary price is the most important determinant of value to a customer with the company focusing on price” (Zeithaml, Bitner & Gremler, 2018, p. 463). Marketers must recognize how they interpret various prices and how much of a perceived sacrifice. Pricing approach when customers define value as low price include odd pricing, discounting, penetration pricing, and synchro-pricing. “value is everything...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT