Select the most accurate statement. Value
A. means value for money
B. is best described as the benefits the business chooses to give to customers through its product/service
C. is the benefits of a product/service as perceived by the customer
D. does not offer competitive advantage
Answer: Option C
Solution(By Examveda Team)
Value is the benefits of a product/service as perceived by the customer. A value proposition is a comparison of the benefits offered by a company's products and services to the price it asks customers to pay.This Question Belongs to Management >> Strategic Management
Strategy is developed by the visionary chief executive in ___________ mode of strategic management
A. planning mode
B. adaptive mode
C. strategic mode
D. entrepreneurial mode
Stability strategy is a ____________ strategy
A. corporate level
B. business level
C. functional level
D. strategic level
What are the means by which long term objectives will be achieved?
A. Strategies
B. Policies
C. Strength
D. Opportunities
Marketing strategy is a ___________ type of strategy
A. business level
B. Growth strategy
C. corporate strategy
D. functional strategy
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