BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, ____ is created.
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customer satisfaction
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planning excellence
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a quality rift
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a value line
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Explanation:
Detailed explanation-1: -Solution: When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, Customer satisfaction is created. Customer satisfaction indicates the fulfillment that customers derive from doing business with a firm.
Detailed explanation-2: -Ans: Quality is the ability of a product or service to consistently meet or exceed customer expectations.
Detailed explanation-3: -An augmented product exceeds customer expectations. The AUGMENTED product is the non-physical part of the product.
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