The three major elements of the product decision are:
A) selection, definition, and design.
B) goods, services, and hybrids.
C) strategy, tactics, and operations.
D) cost, differentiation, and speed of response.
E) legislative, judicial, and executive.

Question

Quizplus · Accepted Answer

The three major elements of the product decision are selection, definition, and design. These steps involve choosing what products to offer, defining their characteristics and specifications, and designing the products to meet those specifications and customer needs.

The Three Major Elements of the Product Decision Are