What is the term used to describe product attributes that attract certain customers and can be used to form the competitive position of a firm?

Q: Along with electric guitars, Gibson also markets acoustic guitars, customized guitars, strings,…

A: Guitar is an musical instruments that originated in the 16th century in the country of Spain. It is…

Q: What types of analysis go into improving the customer experience?   Why is improving the customer…

A: The following types of analysis can improve the customer experience:1. Make listening to the…

Q: When a product satisfies a customer's demands, is it better off?

A: Demand in marketing is all about the needs that a person has for a particular thing. It describes…

Q: When is the best time for an organization to conduct value analysis on a given product

A: Value analysis is a systematic and organized approach that a company uses to evaluate its products…

Q: identify dependent and independent variables in this statement "We asked first 600 and then 1000…

A: Marketing research can be understood as the process in which different types of data and information…

Q: In an analyzation of the auto industry in the US using Porter's Five Forces (including the level of…

A: Introduction: Porter five- forces model: A strategic model devised by Michael Porter is most widely…

Q: Develop a list of substitutes and complements fo the following items. Item Cornflakes Ground beef…

A: Substitute are those goods which can be used in replacement. While complementary goods are those…

Q: Competitive advantage for business includes the following EXCEPT A) delivering better performance B)…

A: Competitive advantage is that quality that helps in differentiating a company from its competitors.…

Q: The following are true statements about quality systems except: a. The FDA’s quality systems…

A: Quality of any product is defined by every consumer individually. However, in general terms quality…

Q: What is the Scalable Decision Process? Provide a brief description of the 10 major portions of the…

A: Decision making is a process whereas an organization, and everyone has to involve in the process of…