Examlex
The goal of managing quality in the service sector ______.
Economy of Scope
Cost efficiencies derived from variety, rather than volume, where producing a wider range of products can lead to lower average costs.
Limited Quantities
Refers to the availability of a product being restricted to a certain number, often used as a marketing strategy to increase demand.
Large Numbers
Quantities that are significantly higher than what is typical, often used to denote scale in statistical or numerical contexts.
Economies of Scope
Cost advantages that a business achieves by providing a variety of products rather than specializing in a single product or service.
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