Answer & Explanation:
The advise is that Gary must find answer two questions to make it clear what characteristics or attributes of products are they going to deliver its customers. These two questions are as under:
Question 1:
What are the rating of all the attributes that our customer perceive our product possesses?
This question helps in understanding what our customer thinks of our products and rate characteristics of the product.
Question 2:
Which of these attribute are most important?
This question sheds light on the issue of which attribute of the product must be withdrawn and which to keep to increase the customers satisfaction and market share.
These two questions tells what features must be offered for a particular price.
The answer you are looking for is false
Paper currency that has been declared legal tender but is not convertible into coins or precious metals is called <u>fiat</u> money.
The term is derived from the Latin word fiat, because of this a dedication through authority—in this case, it is the government that decrees the fee of the currency and is not representative of every other asset or financial device consisting of gold or a check.
Fiat cash, in a wide feel, all varieties of money which are made criminal tender via a government decree or fiat. The term is, but, commonly reserved for criminal-tender paper money or cash that have face values ways exceeding their commodity values and aren't redeemable in gold or silver.
Economists differentiate amongst 3 special forms of money: commodity money, fiat money, and bank money.
Learn more about fiat money here
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