In Many Cases, a Service Cannot Be Separated from the Person

question 44

Multiple Choice

In many cases, a service cannot be separated from the person of the seller because the service must be produced and marketed simultaneously. This simultaneous production and marketing makes creation of _____ the main concern of the marketer.

• A) time and place utility
• B) circuitous channels of distribution
• C) storage space
• D) variation in quality

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Definitions:

Marginal Investor

An investor whose actions and choices at the margin are believed to determine the price of a stock.

Common Share

A type of equity security that represents ownership in a corporation and entitles the holder to vote at shareholders' meetings.

Voting Rights

The entitlement of shareholders to vote on corporate matters, typically in proportion to their share ownership.

Share Classes

Different types of stock in a company, each offering specific rights, dividends, or ownership values.