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Customers Usually Do Not Articulate Their Expectations and Hence a Service

question 21

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Customers usually do not articulate their expectations and hence a service provider finds it difficult to know what the expectations are,let alone know how to meet them.This demonstrates the fact that


Definitions:

Independent

Characterizes an entity or person free from outside control or influence, often highlighting autonomy in decision-making.

Value-Creating

Activities or strategies undertaken by a company that increase its worth and enhance shareholder value.

Average Accounting Return

A measure used to evaluate the profitability of an investment, calculated as the average annual profit divided by the initial investment cost.

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