BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MARKETING MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Credence qualities are those that are difficult to judge, even post-consumption.
A
true
B
false
Explanation: 

Detailed explanation-1: -Credence qualities are those that are difficult to judge, even post-consumption. Goods are dominated by credence and experience qualities, and services are mostly comprised of experience and search qualities. In a service-oriented business such as a bowling alley, services are simultaneously produced and consumed.

Detailed explanation-2: -The qualities of search, experience, and credence make it easier for marketers to communicate the benefits of an intangible service than to communicate the benefits of tangible goods. Service quality is easier to define and measure than the quality of tangible goods.

Detailed explanation-3: -A credence quality is a characteristic that consumers may have difficulty assessing even after purchase because they do not have the necessary knowledge or experience.

Detailed explanation-4: -Search qualities are the attributes that may be evaluated prior to purchase, as the customer learns about the competitive offerings. For example, when you go to a department store to purchase socks, you can just look at a pair and know before buying them whether you’ll like them.

Detailed explanation-5: -search quality. a characteristic that can be easily assessed before purchase. experience quality. a characteristic that can be assessed only after use. credence quality.

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