A product's features may be intangible

Indicate whether the statement is true or false.

Answer: TRUE
Explanation: Product features are the qualities, tangible and intangible, that a company builds into its products.

Business

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Specialty cheeses are most likely to have:

A) high promotional elasticity and high holding cost. B) high promotional elasticity and low holding cost. C) low promotional elasticity and high holding cost. D) low promotional elasticity and low holding cost.

Business

The larger the gap between expectations and performance of a product, the greater a consumer's dissatisfaction

Indicate whether the statement is true or false

Business