As products mature and customers gain experience with them, there appears to be a routine narrowing of perceived differences among offerings in customers' minds and a corresponding unwillingness to pay anything different for them

In other words, the offerings over time tend to become undifferentiated in the minds of customers, with price becoming the sole basis for deciding among them. This is the definition of a _______.
a. commodity
b. minimally augmented product
c. core product
d. potential product


d

Business

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______ job design focuses on the job characteristics that affect the psychological meaning and motivational potential of the job, and it views attitudinal variables as the most important outcomes of job design.

A. Biological B. Motivational C. Perceptual-motor D. Organic

Business

Your textbook introduced the term "Yammer" in Chapter 3. What is it?

A) a form of communication using both verbal and nonverbal language B) a program that allows people to communicate effectively from one organization to another one C) a social networking tool for employees to connect online behind a firewall D) a social media advertising tool that organizations use to communicate with the general public

Business

Taylor's toy shop bought a very large inventory of the newest superhero action figure. Because a new movie was supposed to come out featuring the superhero, Taylor didn't anticipate a problem selling the toy. However, production on the movie was halted and now Taylor is having a hard time selling the action figure. This represents what type of inventory?

A. obsolete B. seasonal C. anticipative D. cyclical E. pipeline

Business

A mortgage loan in which the interest rate charged fluctuates with the level of current interest rates is called a(n)

A) MRA. B) MAR. C) RAM. D) ARM. E) none of the above.

Business