The core product element 

A. provides added value or attributes that are in addition to the core product's utility or benefit.
B. consists of a product's fundamental utility or main benefit and usually addresses a fundamental need of the consumer.
C. includes benefits based on consumers' experiences with the product, which gives symbolic meaning to many products (and brands) for buyers.
D. can be either tangible or intangible and includes functional, social, and psychological utilities or benefits.
E. includes supporting services, such as installation, guarantees, product information, and promises of repair or maintenance.


Answer: B

Business

You might also like to view...

Explain why selective attention is not controllable by a marketer

What will be an ideal response?

Business

In general, a cost incurred in conjunction with a long-term asset is included in the long-term asset account when the cost

A) is incurred subsequent to asset use. B) exceeds a certain dollar amount. C) is incurred prior to asset use. D) will expire in less than one year.

Business

If a consumer's evaluation of a product experience is negative, the consumer is likely to communicate negatively about the product

Indicate whether the statement is true or false

Business

Which of the following statements is true of the statute of limitations?

A) It limits the time within which all types of civil actions may be brought. B) It limits the types of civil actions that may be brought to court. C) In most states, it permits lawsuits only when intentional torts have been committed. D) If the injured party is a minor, it permits the parent or guardian to bring a civil action suit.

Business