Complete Standardization of a Service

question 18

Multiple Choice

Complete standardization of a service:

• A) Is an effective way to make services more tangible.
• B) Tends to decrease the perishability of the service.
• C) Is easier for consumer services than for industrial services.
• D) Is not possible.
• E) Is not recommended.

Analyze and calculate adjusted selling prices based on discounts, mark-ups, and markdowns.

Understand the fundamental legal characteristics and powers of corporations.

Recognize the differences between de facto and statutory corporations.

Grasp the concepts related to dividends, corporate profits, and tax statuses of corporations.