Which of the Following Statements About Services Is Most Accurate

question 88

Multiple Choice

Which of the following statements about services is most accurate?

• A)Whether tangible or intangible,the marketing of services is exactly the same as the marketing of products or ideas since they both satisfy customer needs.
• B)Although a major contributor to GDP nationally,services play only a minor role in GDP on a global scale.
• C)Exports of services is one of the few areas in which the United States has a trade surplus.
• D)Very few jobs in the United States are in the services sector.
• E)There is much more in common with the marketing of services and business products than there is between the marketing of services and consumer products.

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Definitions:

Sorting Mechanism

A process or system used to classify, organize, or rank individuals or groups based on certain criteria.

Technological Advancements

Progress or innovation in technology that enhances efficiency, productivity, or brings new tools and methods into use.

Lower-Class People

Individuals or groups positioned at the bottom of a societal hierarchy based on income, occupation, education, and/or social status.

Social Exclusion

A process where individuals or groups are systematically blocked from rights, opportunities, and resources that are normally available to members of society and necessary for social integration.