Why Do Consumers Require More Service Products Today Than in the Past

question 72

Multiple Choice

Why do consumers require more service products today than in the past?

• A) Physical commodities are becoming more complicated.
• B) As work requires more hours on the job, people have less time to do things themselves.
• C) Marketers persuade us to consume new types of services.
• D) As income rises, people can afford more services.
• E) all of the above

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Definitions:

Penalty Kick

A method of restarting play in soccer, awarded for a foul within the penalty area, taken from the penalty spot against only the goalkeeper.

Kicker's Payoffs

A rephrased definition: The potential returns or outcomes that a participant in a game or negotiation, known as the "kicker," stands to gain.

Probability of Success

The likelihood of a particular outcome deemed favorable or meeting a set goal.

Probability of Failure

The likelihood or risk that a system, component, or process will fail to perform within an expected timeframe.