Correct Answer
verified
View Answer
Multiple Choice
A) Heterogeneity
B) Perishability
C) Intangibility
D) Inseparability
Correct Answer
verified
Essay
Correct Answer
verified
View Answer
Multiple Choice
A) service
B) value
C) brand
D) stock
Correct Answer
verified
Multiple Choice
A) Heterogeneity
B) Perishability
C) Intangibility
D) Variability
Correct Answer
verified
Multiple Choice
A) it does not focus on maximizing the surplus of income over costs.
B) it cannot be used by manufacturing companies.
C) determining costs can be difficult for many services.
D) the profit goals of the company is not taken into account.
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) The intensity of distribution should exceed the target market's needs and preferences.
B) Having too many outlets to distribute products may boost costs unnecessarily.
C) The location of a service does not influence the distribution strategy of a time-dependent service provider.
D) Since services are intangible, many service firms choose indirect distribution strategy.
Correct Answer
verified
Multiple Choice
A) It is simpler for a firm to administer than individually pricing each element.
B) It is preferable when consumers are willing to pay extra for every part of the service.
C) It is a pricing strategy where customers pay only for the service elements they use.
D) It is a pricing strategy that does not apply for services.
Correct Answer
verified
Multiple Choice
A) Consumers are charged a monetary price but instead must absorb monetary costs.
B) Their services are priced higher than the costs incurred.
C) Their services are paid for by people who are better off financially.
D) Indirect payment is not a common practice in nonprofit organizations.
Correct Answer
verified
Multiple Choice
A) varies the prices according to supply and demand of cars.
B) maximizes the surplus of income over its costs.
C) allows customers to negotiate price.
D) varies prices for customers from different market segments.
Correct Answer
verified
True/False
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) They can measure their success and failure in strictly financial terms.
B) They seek to make a profit for redistribution to owners or shareholders.
C) They have a financial bottom line that simplifies decision-making processes for nonprofit managers.
D) They focus on generating enough funds to cover the organization's expenses.
Correct Answer
verified
Essay
Correct Answer
verified
View Answer
Multiple Choice
A) financial level
B) customization level
C) structural level
D) social level
Correct Answer
verified
Multiple Choice
A) information processing
B) mental stimulus processing
C) possession processing
D) people processing
Correct Answer
verified
True/False
Correct Answer
verified
Multiple Choice
A) use technology directed at a customer's assets.
B) focus more on creating an attractive, comfortable physical environment.
C) require customers to enter the service factory.
D) focus more on training employees in employee-customer interaction.
Correct Answer
verified
True/False
Correct Answer
verified
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