The Key to Having a Good Service Is

question 94

Multiple Choice

The key to having a good service is:

• A) being transparent to the marketplace
• B) ensuring that the ratings in third party platforms are excellent
• C) exceeding the customers' expectations
• D) delivering a service at below the price expectations

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Definitions:

Fixed Cost

Costs that do not change with the volume of production, such as rent, salaries, and equipment leases.

Total Cost

The complete cost of production that includes both fixed and variable costs incurred in making a product or providing a service.

Average Variable Cost

The sum of costs that vary with the level of production, distributed over the total number of units produced.

Variable Cost

Expenses in a business that change in proportion with the volume of production or sales, such as materials and labor costs.