मराठी

A product will be purchased only if it is perceived to be giving the greatest benefit for the money. Name the feature of marketing reflected in this statement. - Business Studies

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प्रश्न

A product will be purchased only if it is perceived to be giving the greatest benefit for the money.

Name the feature of marketing reflected in this statement.

पर्याय

  • Creating a market offering

  • Customer value

  • Exchange mechanism

  • Needs and wants

MCQ
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उत्तर

Customer value

Explanation:

The statement reflects the feature of customer value, which means customers compare the benefits a product offers with the price they pay for it. A product is purchased only when it provides the greatest value for money; that is, when customers feel they are getting the best benefits compared to the cost. Hence, the correct answer is customer value.

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