Customer value is determined by
A) a unique and different product.
B) a low-priced product.
C) the ability to respond to specific or distinct customer needs.
D) All of the answer choices are correct.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

A unique and different product may be important, but it is not the only factor that determines customer value. A low-priced product may not necessarily provide the level of quality and service that customers desire. The ability to respond to specific or distinct customer needs is a crucial aspect of providing value. Therefore, all the answer choices are correct in determining customer value.

Customer Value Is Determined by