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entrep

Authored by nica goce

Business

1st Grade

Used 1+ times

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15 questions

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1.

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5 sec • 1 pt

It is crucial concept for businesses to understand when introducing products to the market. It involves different stages, with necessities being slower than luxury or privilege products.

2.

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5 sec • 1 pt

It sees sales increasing alongside profits, but competition may enter the market.

3.

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5 sec • 1 pt

It sees sales dropping and market share shifting to competitors.

4.

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5 sec • 1 pt

It focuses on customers' perceptions of a product's service components,

5.

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5 sec • 1 pt

It assesses meeting their needs and expectations.

6.

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5 sec • 1 pt

refers to the ability to render the promised service consistently and accurately

7.

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5 sec • 1 pt

refers to eagerness of employees to help and provide prompt service to customer's requests, problems, and complaints

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