Mktg522 Week 3 Quiz

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    Mktg522 Week 3 Quiz

     production |   | | |  product |   | | |  selling |   | | |  marketing |   | | |  social responsibility |   | Instructor Explanation: | Page Ref: 18 | | |   | Points Received: | 6 of 6 |   | Comments: | | | | Question 3. | Question : | (TCO A) For a company, A clear, thoughtful mission statement provides employees with a shared sense of purpose, direction, and ________. | |   | Student Answer: | |  profitability |   | | |  target market feasibility |   |

    Words: 540 - Pages: 3

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    Mktg522 Week 3 Quiz

    Week 3 : The Power of the Brand - Checkpoint |    | 1. (TCOs C, H) Describe customer perceived value, total customer benefit, and total customer cost. How do the total customer benefit and the total customer cost affect the consumer’s perception? Explain. (Points : 5)Total customer benefit(TCB) is the value the customer expects to see from the product, services and assets. Total customer cost(TCC) is the bundled expected cost to achieved the benefit. Customer perceived value(CPV) is the

    Words: 692 - Pages: 3

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