The Environment in Which Service Is Delivered Is Referred to as the

question 103

Multiple Choice

The environment in which service is delivered is referred to as the .

• A)operational factor
• B)service encounter
• C)servicescape
• D)locational factor
• E)commercescape

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Definitions:

Insurance Premiums

Payments made to an insurance company in exchange for coverage against specified risks over a period.

Demanders Of Insurance

Individuals or entities that seek to protect themselves against financial losses by buying insurance policies.

Suppliers Of Insurance

Entities that provide various insurance policies to individuals or organizations to protect against potential financial losses or damages.

Expected Value

A calculated average outcome of a random event, considering all possible outcomes and their probabilities.