Which of the Following Statements About Services Is Most Accurate

question 191

Multiple Choice

Which of the following statements about services is most accurate?

• A)Services are classified as durable and nondurable.
• B)The marketing of services is,in a practical sense,identical to the marketing of products or ideas since they both satisfy customer needs.
• C)Only 10 percent of all jobs created in the United States are in the services sector.
• D)In the United States,services have become a significant part of the economy and often augment products.
• E)Services are among the easiest products to market because of their tangible nature.

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Definitions:

Entrepreneurship

The process of creating and managing a business to achieve desired objectives.

Small Businesses

Enterprises or firms characterized by fewer employees, lower annual revenue, and smaller scale of operations than larger corporations.