Examlex
Because service quality depends on the quality of buyer-seller interaction during the service encounter, service marketers use ________ to train employees in the art of interacting with customers to satisfy their needs.
Potential Competitors
Firms that are not currently in a market but have the capacity to enter if they choose.
Price-Elastic
Price-elastic refers to the responsiveness of the quantity demanded or supplied of a good to a change in its price; high elasticity means quantity changes significantly with price changes.
Amtrak Train Service
A government-owned corporation that provides intercity passenger train service in the United States.
Other Passengers
Individuals sharing a transport service such as a bus, plane, or carpool, not including the service provider or driver.
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