BUISENESS MANAGEMENT
MARKETING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Production process is very accurate, materials are of a high standard and low qualtiy
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It satisfies government regulations, such as services free of charge.
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Satisfies existing needs, it is reliable and it has something very distinctive
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Easy to use, and simple design
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Detailed explanation-1: -Good products must have a solid value proposition and solve a real problem, be understandable by users, perform their task as easily and efficiently as possible, and become better and harder to part with the more they are used.
Detailed explanation-2: -2. A commodity is anything that can be offered to market to satisfy a want or need.
Detailed explanation-3: -Product quality refers to how well a product satisfies customer needs, serves its purpose and meets industry standards. When evaluating product quality, businesses consider several key factors, including whether a product solves a problem, works efficiently or suits customers’ purposes.
Detailed explanation-4: -In marketing, satisfying customer needs and wants is the easiest way to increase profits and sell more products and services. The definition of desire in marketing is finding what the consumer is longing for and needing. Marketing strategies look to fulfill different needs to get the consumer to buy the product.