what do the terms VALUE, COST, and SATISFACTION mean, marketing homework help

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OyhrBprna

Business Finance

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What do the terms VALUE, COST, and SATISFACTION mean in the field of marketing? Please provide a quick explanation of each. Thank you!

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Explanation & Answer

Hi, the terms VALUE, COST, and SATISFACTION are all important in the marketing field. These terms help an organization monitor their performance and the public's overall perception of the organization or product. VALUE is a consumer's perception of a particular product compared to a produc...


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