Which of the following best describes a "Customer Value Proposition" (CVP)?

1
A strategy aimed solely at maximizing the company’s profit margins without focusing on customer needs.
2
A statement that highlights the unique benefits a customer will receive from a product or service, addressing their specific needs and preferences.
3
A promotional campaign designed to offer the lowest possible price compared to competitors.
4
A general summary of the company’s history and achievements.
5

A policy that focuses on limiting customer options to standardize the product.

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