Ameans of displaying or graphing in two dimensions the location of products or brands in the minds of consumers to enable a manager to see how consumers perceive competing products or brands, as well as its own product or brand, is referred to as a(n)

A perceptual map

Explanation:

A perceptual map is a visualization technique used by companies to see how the potential consumers understand the competition between products in the marketplace.

The business tries to create a map of the consumers perception which can assist them visualise the view of the customers mind as they go to tbe markert to shop amongst plenty of competing products. It will make them see if customers have the understanding of looking at competing products but still know which one is of quality for them.

for many centuries there were important factors which the economies of the muslim empires developed increasingly. they applied economic procedures in production, investment, finance, taxation and property. they used to tax certain goods (for example: harvest), they charged interest on money lent, they signed contracts with merchants; they relied on a common currency, and they used checks as well as promissory notes. with the money collected by means of taxation, the government provided the needy with an income. in addition, trading networks covered huge distances, so far regions started to have contact and exchange goods. this trade network covered areas of asia, africa and europe.