Marketers must see themselves as benefit providers. For example, when a shopper purchases new shoes, he/she expects the shoes to cover his/her feet and allow him/her to walk unobstructed

This is an example of what level in the consumer-value hierarchy?
A) pure tangible good
B) basic product
C) augmented product
D) potential product
E) generic product

B

Business

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Which of the following is a characteristic of project-based, non-equity ventures?

A) a broad scope of product development B) a specific agenda and timeframe C) long-term sharing of resources D) formation of a new legal entity

Business

A rigid, militaristic, high-pressure workplace that includes intimidation is likely to be a dysfunctional work environment

Indicate whether the statement is true or false.

Business