Hiroaki bought a bicycle from a well-known brand without even considering the other equally good, unbranded bicycles. This shows the advantage that branded products have over unbranded ones in terms of ________.

A. actual performance
B. physical features
C. perceived quality
D. price efficiency
E. product variety


Answer: C

Business

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Freight-absorption pricing is used for ________

A) penetrating international markets B) generating customer buzz about new products C) holding on to increasingly competitive markets D) generating quick profits to offset input costs E) maintaining quality service records

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Funding required to develop new products and services would be an output from the marketing

plan for the ________ department. A) operations B) engineering C) professional services D) finance

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Photographs are almost always preferable to drawings

a. true b. false

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When Corey runs out of shampoo, he buys whatever brand is on sale at his local CVS drugstore. What is his level of involvement in the purchase decision for shampoo?

A. routine B. moderate C. extensive D. limited E. modest

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