Services Are ________; They Cannot Be Touched,tasted,smelled,or Seen

question 70

Multiple Choice

Services are ________; they cannot be touched,tasted,smelled,or seen.

• A) inseparable
• B) delivered
• C) intangible
• D) implemented

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Definitions:

Abnormal Returns

Returns on a security that exceed or fall below what is anticipated based on market or model predictions, often attributed to unexpected events.

Macroeconomic Event

A large-scale economic occurrence affecting the economy as a whole, such as inflation, unemployment, or a recession.

Market Decline

A period in which stock prices fall across the majority of the market, often leading to a decrease in investor confidence.

EMH

The Efficient Market Hypothesis, suggesting that stock prices fully reflect all available information and are efficiently priced.