Service Design Generally Differs from Product Design in Which of the Following

question 103

Multiple Choice

Service design generally differs from product design in which of the following ways?

• A)Service design tends to focus on tangible factors more so than products.
• B)There is less latitude in detecting and correcting errors prior to delivery for services.
• C)Choice of location is less important for services.
• D)Services typically have higher barriers to entry than products.
• E)Image is more important in product design than service design.

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Definitions:

Education Loan Contract

A legal agreement between a lender and a borrower, where the lender provides funds for education, which the borrower agrees to repay under defined terms.

Accommodation Party

A person who signs a negotiable instrument on behalf of another, typically to lend their credit without direct benefit.

Negotiable Instrument

A financial document that guarantees payment of a specified amount of money, either on-demand or at a set time, and is transferable from one person to another.

Holder In Due Course

A legal term describing a party who has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defects.