The Cost of Installations for Business Services Is Generally High

question 45

Multiple Choice

The cost of installations for business services is generally high because they tend to be part of a company's capital investment strategy. Which of the following statements is true of installations?

• A) Installations require a very long distribution channel.
• B) Installations are the least significant business products.
• C) The quality of the product is less of an issue for company executives.
• D) Companies promote the sale of installations via extensive advertising campaigns.
• E) Company executives spend a lot of time planning before they purchase installations.

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Definitions:

Standard Operating Procedures

Detailed, written instructions designed to achieve uniformity in the performance of a specific function or operation within an organization.

Employee Handbooks

Employee handbooks are comprehensive manuals provided by employers to their employees, detailing the organization's history, mission, values, policies, procedures, and benefits.

Stated

Explicitly expressed or declared.

Policy

A deliberate system of principles to guide decisions and achieve rational outcomes within an organization or institution.