The worth in monetary terms of the economic,technical,service,and social benefits a customer firm receives in exchange for the price it pays for a market offering is (a)_______.

Question

Quizplus · Accepted Answer

The worth in monetary terms of the economic, technical, service, and social benefits a customer firm receives in exchange for the price it pays for a market offering is known as "customer value in business markets." It refers to the total package of benefits that a buyer receives when they purchase a product or service from a supplier. It takes into account the total cost of ownership, including the initial purchase price, ongoing maintenance costs, and other factors that may impact the value of the purchase. Therefore, option D is the best choice.

The Worth in Monetary Terms of the Economic,technical,service,and Social Benefits