Jackson Caputo Owns and Operates Jax Stables,a Complete Horse Service

question 167

Multiple Choice

Jackson Caputo owns and operates Jax Stables,a complete horse service that offers grooming,training,show training for handlers,boarding,and veterinary care.To maintain a quality image,Caputo regularly provides training for each employee in the company's operations,objectives,and expected performance standards.What unique aspect of services is Caputo attempting to address?

• A)heterogeneity
• B)perishability
• C)intangibility
• D)simultaneous production and consumption

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Definitions:

Joseph Stiglitz

An American economist and a professor at Columbia University, renowned for his work on income distribution, asset risk management, and globalization.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, leading to increased connectivity and interdependence.

Nobel Prize-winning Economist

An economist who has been awarded the Nobel Prize in Economic Sciences, an honor recognizing outstanding contributions to the field of economics.

Micro-multinational Corporation

A small-sized company that operates and sells its products or services in multiple countries.