Which of the Following Strategies Increases the Supply of Service

question 34

Multiple Choice

Which of the following strategies increases the supply of service available to consumers?

• A)increasing consumer participation
• B)using creative pricing strategies
• C)using reservation systems
• D)developing complimentary services
• E)developing nonpeak demand

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Definitions:

Investor Relations

The department within a company tasked with managing communications and relationships with shareholders and the investment community.

Higher-Order Need

Needs that go beyond the basic physiological or safety requirements, such as social, ego, and self-actualization needs.

Maslow's Hierarchy

Maslow's Hierarchy is a psychological theory proposed by Abraham Maslow, laying out a five-tier model of human needs, from basic physiological needs to the need for self-actualization, influencing motivations and behavior.

Theory X

Assumption that employees dislike work and will try to avoid it.