Which of the Following Is True Regarding Services

question 99

Multiple Choice

Which of the following is true regarding services?

• A) Services are typically produced, stored, and then consumed.
• B) Services are generally low in experience and credence qualities.
• C) Service providers develop similar marketing programs for personal services and business services.
• D) Provider-client interaction is a special feature of services marketing.
• E) There is less risk associated with the purchase of services than with the purchase of goods.

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Definitions:

Wage Gap

Refers to the difference in earnings between different groups of workers, often highlighted between genders or races.

High-Skill

Referring to jobs or positions that require advanced training, education, knowledge, or proficiency.

Low-Skill

Describes jobs or workers that require minimal specialized training or education.

Compensating Differential

A difference in wages that arises to offset the nonmonetary characteristics of different jobs.