Asked by Zhang HongKai on May 12, 2024
Verified
A value analysis is defined as a:
A) listing of those products with the highest prices.
B) determination of the best product for the money.
C) listing of those products with the lowest prices.
D) way to save costs while using cheaper products.
E) way to save costs while using high-end products.
High-end Products
Goods that are of superior quality and often higher price, targeting consumers looking for luxury or premium items.
- Distinguish among the various value analysis methods employed in sales to showcase the value of products or services.
Verified Answer
EN
Edzisani NematokaMay 16, 2024
Final Answer :
B
Explanation :
A value analysis involves determining the best product for the money, focusing on getting the highest value rather than just the lowest price or cutting costs by using cheaper products. It assesses the cost relative to the utility and quality of the product.
Learning Objectives
- Distinguish among the various value analysis methods employed in sales to showcase the value of products or services.
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