Examlex
To reduce problems associated with the intangibility of the services offered by a restaurant, the restaurant owner would be most likely to do which of the following?
Emotional Intelligence
The ability to recognize, understand, manage, and reason with emotions in oneself and others, facilitating interpersonal communication and decision-making.
Sales Industry
The sector of the economy focused on the activity of selling goods or services.
Account Analysis
The process of reviewing and evaluating a customer's account to understand their needs, spending patterns, and potential for future transactions.
80/20 Principle
A rule of thumb stating that 80% of outcomes (or outputs) come from 20% of all causes (or inputs) for any given event, also known as the Pareto Principle.
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