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Customer value refers to

Multiple Choice

the cluster of benefits that an organization promises customers to satisfy their needs.

the need of a customer to receive the highest$-$quality product at the lowest possible price.

the least expensive product that will provide customers with most of the basic benefits.

a statement that, before product development begins, identifies a well$-$defined target market; specific customers' needs, wants, and preferences; and what the product will be and do to satisfy consumers.

the unique combination of benefits received by targeted buyers that includes quality, convenience, on$-$time dellvery, and both before$-$sale and after$-$sale service at a speciflc price.