Because Services Cannot Be Saved or Stored, It Is Necessary

question 7

True/False

Because services cannot be saved or stored, it is necessary to devise strategies to cope with fluctuating demand. This characteristic of services is referred to as simultaneity (inseparability).

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Definitions:

Incentive Compensation

A form of remuneration designed to reward employees for achieving specific performance targets or objectives, often aimed at motivating higher levels of productivity.

Annual Salary

The total amount of money a person earns from their job in a year, often expressed as a pre-tax figure or before deductions.

Job Enrichment

A job design strategy intended to enhance employee satisfaction and performance by adding tasks that increase the job’s depth or meaningfulness.

Job Enlargement

A method of job design that increases the range and variety of tasks performed by an employee to enhance job satisfaction.