To develop a good CVP,products must not only fulfill a need but also ______.

A) have a technological component
B) fit into customers' lifestyles
C) fill a large market
D) appeal to affluent customers

Technological Component

Refers to the technical elements or aspects in a system, product, or process, often involving hardware, software, or both.

Customers' Lifestyles

The way in which a target group of customers lives, including their habits, preferences, and social trends, which influences their buying decisions.

Good CVP

Stands for "competitive value proposition," highlighting a business's unique offerings and advantages over competitors.