A Major Problem for a Service Retailer Seeking to Expand

question 88

Multiple Choice

A major problem for a service retailer seeking to expand into new geographic markets is ________.

• A) the high variability of services
• B) the inseparability of the services from its provider
• C) low tangibility
• D) inability to stockpile inventories

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Definitions:

National Defense

The government's role and responsibility in protecting a country and its citizens from external threats and maintaining internal security.

Progressive Tax

A tax system in which the tax rate increases as the taxable amount increases, typically placing a heavier burden on wealthier individuals.

Benefits-Received Principle

A tax theory stating that those who benefit from government services should pay taxes in proportion to the amount of benefits they receive.

Government Expenditures

The total amount spent by the government on goods, services, and public projects.