Identifying Potential Markets and Customer Needs Quiz
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Questions and Answers

What refers to the things we must have to survive?

  • Wants
  • Customer Needs (correct)
  • Experiences
  • Value

Which term describes requests for specific products that a buyer is willing and able to pay for?

  • Services
  • Value
  • Satisfaction
  • Demands (correct)

What is the measure of how well customer expectations from a purchased product or service have been met?

  • Satisfaction (correct)
  • Relationship
  • Exchange
  • Product

Which term refers to the value customers place on a product or service?

<p>Value (B)</p> Signup and view all the answers

What is the act of obtaining a desired object by offering something in return?

<p>Exchange (A)</p> Signup and view all the answers

Which term describes the non-physical, intangible offerings to satisfy customer needs?

<p>Services (B)</p> Signup and view all the answers

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