"No contract" means there is no formal agreement between the user and the provider of the product or service. This lack of a contract can impact the terms of service by allowing the provider to change or terminate the service without notice, and may limit the user's ability to seek legal recourse in case of disputes.
The social value curve helps us understand how a product or service affects society by showing the balance between its benefits and costs. It helps us see if the product or service creates more positive outcomes for society than negative ones, guiding decisions on its impact and value.
The performance of a product or service directly affects the level of trust consumers have in it. When a product or service consistently meets or exceeds expectations, consumers are more likely to trust it. On the other hand, if a product or service fails to perform as promised, trust can be eroded. Ultimately, trust is built through positive experiences and reliable performance.
It might lead a producer to charge more for a product or service.
It might lead a producer to charge more for a product or service.
how you would influence a client to choose a particular product or service
Environmental impact is defined as any change in the environment, whether adverse or beneficial, as a result of a benefit activity, product, or service. For More:
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The impact of advertisements: Product Awareness.
How the product looks
The influence an individual customer has on an organisation depends on the size of the customer, the size of the organization and the ease with which the customer could replace the service or product the organization provides, among other things. Basically the organization has to provide a satisfactory service or product to its customers, or risk bankruptcy.
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