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The Creation of Service Standards,such as a Policy of Answering

question 30

Essay

The creation of service standards,such as a policy of answering the company's phone on the second ring,is an example of a firm trying to prevent which of the service-quality gaps from ever beginning


Definitions:

Fabrication Department

A section within manufacturing focused on constructing parts or products by cutting, shaping, and assembling components.

Service Costs

Expenses incurred in delivering services to customers, including labor, materials, and overhead related to the service operation.

Return on Investment

A financial performance measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit divided by the cost of the investment.

Investment Opportunity

An asset or item that can potentially generate a significant return or profit through appreciation, dividends, or interest.

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