Tangible products Study guides, Class notes & Summaries

BA 303 Exam #2 Practice Questions and Answers 100% Pass Product - Correct Answer ️️ -The set of features, functions, and benefits that customers purchase. May consist of a combination of tangible and intangible attributes. Marketers think in terms of planning product on three levels: - Correct Answer ️️ -- Core Product -Tangible Product -Augmented Product Core Product - Correct Answer ️️ -The primary purpose of the product. Why the customer buys it (ex. Pen for writing). Tan...

Combustible Liquid - Correct answer-A liquid with a flash point ABOVE 100F 12.5 - Correct answer-If the current flowing out from an electrical panel is 12.5 amps, and it then flows through an electrical load of 1500 watts, what is the amperage of the remaining current flow of the return circuit? 1000 - Correct answer-If a hair dryer draws 8.3amps (in a home with 120-volt service), what is the wattage? *Power (P) = current (I) x voltage (V) Watts = amps x volts 1987 - Correct answer-The y...

AINS 103 (Latest 2023/ 2024 Update) Exploring Commercial Insurance Exam Practice Questions and Verified Answers| 100% Correct| Grade A Q: Joe Motors, which services automobiles, wants to maintain the goodwill of its customers. This is best accomplished by Select one: A. Purchasing garage liability insurance. B. Purchasing garage keepers insurance. C. Lowering the physical damage deductible under its business auto insurance. D. Raising liability limits under its business auto insurance. ...

What are services? - PRECISE ANSWER intangible products The difference between goods and services? - PRECISE ANSWER The degree of tangibility What are the four reasons why service marketing is important? Know each elementand outcome. - PRECISE ANSWER 1. Differentiation: unique service offerings 2. Customer loyalty: satisfied customers are repeated customers 3. Revenue Generation: attracting new customers and encourage upselling 4. Reputation and trust: Customers have confidence in a...

ADMN 400 Final UNH Latest 2024 Graded A+ Marketing Matrix product, placing, pricing, and promotion Value Benefit/Cost Utility ability of a product to meet someones wants or needs Types of Utility form, place, time, possession Consumer Goods tangible products purchased by customers for personal use industrial goods Products used in the production of other products. Sometimes called business goods or B2B goods. Services intangible products Political-Legal Environment in...

Secured Transactions - Source of Law? Ans- UCC Article 9 What is a secured transaction? Ans- A business deal, generally a loan of money given in exchange for a security interest in personalty (personal property). If borrower doesn't repay, lender can sell the asset to pay off borrower's debt. Types of Collateral (4) Ans- 1. Tangible 2. Consumer Goods 3. Rights in Real Property 4. Intangible Tangible Collateral (3) Ans- 1. Inventory 2. Equipment 3. Farm Products Inventory Ans-...

product : a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers' needs and is received in exchange for money or something else of value good : has tangible attributes that a consumer's five senses can perceive nondurable good : an item consumed in one or a few uses, such as food products and fuel durable good : a good that usually lasts over many uses, such as appliances, cars, and smartphones Services 2 | P a g e : intan...

Product : The set of features, functions, and benefits that customers purchase. May consist of a combination of tangible and intangible attributes. Marketers think in terms of planning product on three levels: : -Core Product -Tangible Product -Augmented Product Core Product : The primary purpose of the product. Why the customer buys it (ex. Pen for writing). Tangible Product : The specific features that are part of the product. Can be tangible/intangible (ex. color, style, price)...

MIE Exam 1 Qestions & Answers 100%CorrectMIE Exam 1 Qestions & Answers 100%CorrectMIE Exam 1 Qestions & Answers 100%CorrectMIE Exam 1 Qestions & Answers 100%Correct Business - ANSWERSindividual or organizations who try to earn a profit by providing products that satisfy people's needs Products - ANSWERStangible and intangible, provide satisfaction and benefits, products can be: tangible goods, services, or ideas Goal of business - ANSWERSto earn a profit what can businesses do with th...

The key objective of a small business owner is to generate ____ - profits Entrepreneurs are willing to take on new opportunities and unknown ____ to grow their businesses rapidly - risks Tangible items that require pick-up or delivery are ____ products - physical When a ____ purchases an item from a business, it is a business-to-consumer transaction - customer ____ are for-profit corporations with limited liability - S corporations ____ are ideal for international businesses - C corporatio...