Which of the Following Will Help a Service Provider Overcome

question 87

Multiple Choice

Which of the following will help a service provider overcome the limits imposed by the inseparability of services?

• A) using differential pricing
• B) working with larger customer groups
• C) providing complementary services
• D) concentrating on physical evidence and presentation
• E) standardizing the service process

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Definitions:

Credible Threat

A statement or action that is believable and carries the weight of possible enforcement, often used in negotiations or strategic situations.

Economies of Scale

The cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale.

Diseconomies of Scale

The phenomenon where a firm's per unit costs increase as it increases production, typically due to inefficiencies.

Learning-By-Doing

Acquiring skills and efficiency in a task through direct experience or practice, often leading to reduced costs and improved performance over time.