Question

A ________ refers to the way a product is defined by consumers on important attributes-the place the product occupies in consumers' minds relative to competing products.

Answer 1

Answer:

Product position

Explanation:

The product position is the customer perception about the product which says how much the customer gives it priority over other products. Suppose you value iphone because you like its camera result and its level of security and this is what you desire to have and is you want so it is customer perception which is also knwon as product position.