In What Ways Does Intangibility Affect the Pricing of Services

question 9

Essay

In what ways does intangibility affect the pricing of services?

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Definitions:

Definitions of Culture

Various interpretations of culture which may include shared values, traditions, norms, and practices that characterize a group or society.

Stable

A condition or situation that is not likely to change or fail, typically referring to an economy, environment, or structure.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to the securities laws, and for other purposes.

Internal Whistle-blowing

The act of reporting misconduct, unethical or illegal activities within an organization to someone in a position of authority within the same organization.