A _______ by a team that assesses a market offering's attributes in terms of their functionality or performance, calculates the total costs associated with providing this specific functionality or performance, and attempts to identify lower-cost

alternatives.
a. customer incentive to purchase
b. customer value management
c. value analysis
d. concept of value in the business markets

c

Business

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A detailed version of a new idea stated in meaningful customer terms is called a product ________

A) solution B) concept C) image D) proposal E) lining

Business

High temperatures in a certain city for the month of August follow a uniform distribution over

the interval 61°F to 91°F. Find the temperature which is exceeded by the high temperatures on 90% of the days in August. A) 91°F B) 71°F C) 88°F D) 64°F

Business