Examlex
Services cannot be stored.Attempts to regulate the "demand" of a service include reservation systems and differential pricing.What are some other ways a firm can shift demand for its services to nonpeak times?
Excess Capacity
A situation where a company can produce more goods or provide more services than currently demanded, indicating unused productive potential.
Special Order
A one-time customer order often involving a large quantity and requiring a separate pricing or product specification arrangement.
Special Order Price
The price charged for a product or service that is outside the company's normal scope of work or products; often tailored pricing for a specific customer request.
Variable Costing
A costing method that includes only variable production costs—direct materials, direct labor, and variable manufacturing overhead—in product cost calculation, contrasting with absorption costing that also includes fixed costs.
Q4: Based on the service-quality "gaps" model,the researchers
Q21: In your position as a marketing manager
Q22: Price-setting logic must be modified when the
Q44: What is experience-curve pricing and what risks
Q61: When a company positioned in the "middle"
Q70: A good way of describing a contraction
Q74: As a marketing manager for a national
Q86: In the maturity stage of the product
Q89: _ describes the product's look and feel
Q131: _ is what drives the differences that