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Service Firms Often Have Greater Pricing Flexibility

question 11

Essay

Service firms often have greater pricing flexibility.Using the example of a bus service, discuss the reasons and management implications of this.


Definitions:

Denigrate

To unfairly criticize or disparage someone or something, often diminishing the subject's perceived value, dignity, or reputation.

African American

A term referring to individuals in the United States with ancestry from Africa, particularly those whose family came through the transatlantic slave trade.

Hispanic Men

Refers to males of Latin American or Spanish origin or descent, living in any part of the world.

Incarcerated

Being confined in a prison or jail as a form of punishment.

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