COST ACCOUNTING
INFORMATION FOR DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Information about the product from the manufacturer.
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An opinion and rating of a product from another consumer that has also purchased the same product.
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What someone thinks the product would be like if you bought it.
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The price of the product.
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Detailed explanation-1: -What Exactly Does “Product Review” Mean? Product reviews can be thought of as the opinions or feedback of customers regarding a specific product. The websites of many online businesses have a section labeled “reviews” that allows customers to rank and comment on the products they have purchased.
Detailed explanation-2: -a report about a product written by a customer on a commercial website to help people decide if they want to buy it: Product reviews on Amazon give the book an average of four stars.
Detailed explanation-3: -Product ratings are shown in ads and free product listings, appearing as 1 to 5-star ratings that also display the total number of reviews for the product. These ratings and reviews help with product research and purchase decisions, driving more qualified customers to your product pages.
Detailed explanation-4: -’Customer ratings’ are any kind of score, feedback, or review that customers leave regarding products and services. As these ratings are generally public and visible to everyone, prospective customers use them to decide whether they want to buy your product or not.
Detailed explanation-5: -Customer testimonials are honest endorsements of your product or service.