Which of the Following Is NOT a Reason for the Rapid

question 53

Multiple Choice

Which of the following is NOT a reason for the rapid growth of services?

• A)Government deregulation of service industries
• B)Banning advertising and promotional activities for professional services
• C)Privatisation of previously government-controlled services
• D)The emergence of a global middle class demanding more and better services
• E)Professional services and franchises competing globally

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Definitions:

Consumer Credit

A type of financial arrangement that allows individuals to borrow money for purchasing goods and services, typically involving interest fees.

Credit Scoring

The process of quantifying the probability of default when granting consumer credit.

Conditions

The specific requirements, terms, or circumstances that define an agreement or situation.

Capacity

The maximum output that a business can produce under normal conditions over a certain period of time.