Q343
If cost is eliminated, then reducing perceived usefulness that customers can obtain by using market offering will come under
A.
designed-in costs
B.
locked-in costs
C.
value added cost
AnswerD.
non-value added cost
Answer: Option C
Solution
Answer: Option C
Solution:
If cost is eliminated, then reducing perceived usefulness that customers can obtain by using market offering will come under value added cost. A value added cost is incurred when an asset is consumed in order to increase the value of goods or services to the consumer.