Clients Judge Service Not Only by Its Technical Quality but Also

question 77

True/False

Clients judge service not only by its technical quality but also by its functional quality.

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Definitions:

Output

The quantity of goods or services produced by a firm, industry, or economy within a specified period.

Total Costs

The sum of all expenses a firm incurs in producing a product or offering a service, including both fixed and variable costs.

Total Variable Costs

The sum of all costs that vary with output level, including materials, labor, and other expenses that change with production volume.

Techniques of Production

The methods and processes used by firms to produce goods and services efficiently.