Troy Is a Service Provider for a Low-Contact Type of Service

question 146

Multiple Choice

Troy is a service provider for a low-contact type of service. Which of the services below is Troy most likely to provide?

• A) Childcare
• B) Website design
• C) Health care
• D) Auto detailing
• E) Personal trainer

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Definitions:

Prestige Objective

The prestige objective in marketing refers to creating a high status and perception of exclusivity around a product or brand, aimed at attracting customers seeking luxury or high-quality items.

Profitability Strategy

A business approach focused on increasing net income through revenue enhancement, cost reduction, or both.

Breakeven Analysis

A financial calculation to determine the point at which revenue received equals the costs associated with receiving the revenue, thus no net loss or gain is incurred.

Company's Costs

Company's costs refer to the various expenses a company incurs in its operations, including production, marketing, and administrative expenses.