MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
When customer expectations regarding product quality, service quality, and value-based price are met or exceeded, ____ is created.
A
customer satisfaction
B
planning excellence
C
a quality rift
D
a value line
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.

There is 1 question to complete.