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How Is the Term "Product" Best Described

Question 54

Multiple Choice

How is the term "product" best described?


A) It refers only to tangible items that can be seen, tasted, or touched.
B) It is a broad concept encompassing the satisfaction of consumer needs.
C) It is limited to include goods, services, and ideas only.
D) It never refers to such things as package design, brand name, or warranty.

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