Which Is the Correct Definition of a Customer Facing Service

question 165

Multiple Choice

Which is the correct definition of a customer facing service?

• A) One which directly supports the business processes of customers
• B) A service that cannot be allowed to fail
• C) One which is not covered by a service level agreement
• D) A service not directly used by the business

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Definitions:

Marginal Product

The additional output generated by employing one more unit of a particular input, holding other inputs constant.

Average Product

The amount of output produced on average by each unit of a variable input, such as labor, in the production process.

Marginal Product

is the additional output resulting from a one-unit increase in the quantity of one input while holding other inputs constant, illustrating the concept of diminishing returns.

Last Dollar Spent

The concept of allocating resources until the marginal utility of expenditure on each good or service is equal, maximizing utility.