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Service Firms Are Distinguished from Other Firms in That the Products

question 29

True/False

Service firms are distinguished from other firms in that the products service firms offer are not tangible or storable.


Definitions:

Self-actualizing

The process of realizing and expressing one's own capabilities and creativity, often considered the pinnacle of psychological development in Maslow's hierarchy of needs.

Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, culminating in self-actualization.

Construal

The way an individual makes sense of the world around him.

Humanist

A person or an approach that emphasizes the value and agency of human beings, individually and collectively.

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