Services Can Be Classified by

question 193

Multiple Choice

Services can be classified by

• A) their method of delivery.
• B) their use of idle capacity time.
• C) the nature of their ownership.
• D) their location on perceptual maps.
• E) organizational reach.

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Definitions:

Compounded Monthly

The process where interest earned on an investment is added to the principal each month, with future interest then earned on the new total.

Semi-Annually

Describes an event or action that occurs twice a year, typically every six months.

Present Values

The valuation in today's currency of future cash flows or a lump sum, factoring in a specific rate of return.

Discount Rate

This is the interest rate that's used to determine the current value of future cash flows in the analytical process of discounted cash flow.