Which of the Following Attributes Is Most Typical of a Service

question 16

Multiple Choice

Which of the following attributes is most typical of a service?

• A) production and consumption occur simultaneously
• B) tangible
• C) mass production
• D) consistency
• E) easy to automate

Identify mechanisms of seed dispersal.

Understand the difference between various growth strategies: market penetration, market development, product development and diversification.

Identify and explain the core concepts of market penetration and associated tactics.

Recognize paths of adjacency as described by Chris Zook and their implications for business growth.

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Definitions:

Dollar

The official currency of the United States, also used as a standard monetary unit in many other countries.

Net Exports

One country’s exports to other countries minus its imports from other countries.

Current Account

A component of a country's balance of payments that includes the trade balance, net income from abroad, and net current transfers.

Current Account Deficit

A situation where a country's total imports of goods, services, and transfers are greater than its total exports.