Which of the Following Statements About Services Is Most Accurate

question 165

Multiple Choice

Which of the following statements about services is most accurate?

• A) Services are classified as durable and nondurable.
• B) The marketing of services is, in a practical sense, identical to the marketing of products or ideas since they both satisfy customer needs.
• C) Only 10 percent of all jobs created in the United States are in the services sector.
• D) Services are sometimes necessary to augment goods.
• E) Services are among the easiest products to market because of their tangible nature.

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Definitions:

Sufficient Funds

A term referring to the adequate amount of money in an account to cover drafts, checks, or transactions.

Electronic Funds Transfer Act

A U.S. law designed to protect consumers engaging in electronic transfer of funds, including ATM transactions and direct deposits.

Provisionally

On a temporary or conditional basis, pending further information, qualification, or fulfillment of certain conditions.

Investigate

To carry out a systematic or formal inquiry to discover and examine the facts of an issue, so as to establish the truth.