Service Processes Can Be Classified by the Degree of Labour

question 69

True/False

Service processes can be classified by the degree of labour intensity and customization.

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Definitions:

Independently Owned

Businesses or properties that are owned by individuals or private entities rather than corporations or chains.

Franchise

A business arrangement where one party (the franchisor) grants another party (the franchisee) the right to use its trademark or business model to offer, sell, or distribute goods or services.

Necessity-based Entrepreneurship

Entrepreneurial activities initiated as a result of limited job opportunities or economic necessity, rather than from the identification of a new business opportunity.

Chemical-free

Products or processes that do not contain synthetic chemicals or additives.