_____ Arise in the Contact Between the Server and the Customer

question 41

Multiple Choice

_____ arise in the contact between the server and the customer.

• A)Customer errors in preparation
• B)Tangible errors
• C)Treatment errors
• D)Task errors

---

Definitions:

Credit Policies

Guidelines a company follows to determine credit terms for customers, including who is eligible for credit and on what terms.

Switching

The act of changing from one option, system, service, product, or company to another, often seen in customers changing providers or businesses changing suppliers or technologies.

Economic Order Quantity

A formula used by companies to determine the optimal order size that minimizes the total costs associated with inventory.

Carrying Cost

The total cost of holding inventory, which includes storage, insurance, depreciation, spoilage, and opportunity cost.