Which of the Following Statements Is True About Product Quality

Multiple Choice

Which of the following statements is true about product quality and value?

A) The terms "quality" and "value" are synonymous in the context of product management.
B) Quality encompasses the tangible aspects of a product,while value encompasses the intangible aspects of a product.
C) The level of quality and value a firm's products have cannot be measured against external standards.
D) The value of a product encompasses not only the quality of the product but also its price.