Certified in Logistics, Transportation and Distribution (CLTD) 2026 – 400 Free Practice Questions to Pass the Exam

1 / 605

Which factor is crucial in determining the utility of a product from the customer's perspective?

Product cost

Marketing efforts

Marketing efforts play a critical role in determining the utility of a product from the customer's perspective because they help to shape customer perceptions, awareness, and preferences. Effective marketing communicates the value proposition of a product by highlighting its benefits, features, and how it addresses specific customer needs or problems. This process of positioning the product in the market can significantly influence a customer's decision-making process and their overall utility perception.

While product cost is important for affordability considerations, it is not solely responsible for perceived utility. Customers may be willing to pay a premium for products that are well-marketed and perceived as higher quality or offering greater benefits.

Production methods focus more on the internal processes and costs, which may not directly translate to customer perceptions unless the marketing effectively highlights these advantages.

Supplier reliability, although vital for ensuring consistent product availability and quality, does not directly affect how customers perceive the utility of the product itself. Customers are generally more concerned with the product's benefits and how well it meets their needs, which are communicated through marketing efforts.

Get further explanation with Examzify DeepDiveBeta

Production methods

Supplier reliability

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy