UGC NET COMMERCE January 2017(Paper-II) Q30

0. An elaborated version of the idea expressed in meaningful consumer term is called

  • Option : C
  • Explanation : Kotler defined these terms as:
    (a) Product Idea : A possible product that the company might offer to the market.
    (b) Product Concept : An elaborated version of the idea expressed in meaningful consumer terms.
    (c) Product Image : The particular picture that consumers acquire of an actual or potential product.
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