With Regards to the Number of Service Alternatives Available,which of the Following

question 1

Multiple Choice

With regards to the number of service alternatives available,which of the following statements is true?

• A)Consumers are aware of fewer alternatives because less prepurchase information is available.
• B)Self-service,in some instances,is a viable alternative.
• C)In general,individual service providers tend to offer only one brand of service
• D)In comparison with goods,the evoked set for services is smaller.
• E)Services tend to have a larger number of outlets providing the same service.

---

Definitions:

Net Realizable Value

The estimated selling price in the ordinary course of business minus any costs necessary to make the sale.

Major Inventory

Major Inventory refers to the significant stock of goods a company holds for the purpose of sale or production in its normal business operations.

Valuation

The process of determining the current worth of an asset or a company, based on metrics such as earnings, sales, assets, and more.

Unit Cost

The cost incurred to produce, store, and sell one unit of a product or service.