Due to the _____ of Services,service Retailers Like Universal Studios

question 30

Multiple Choice

Due to the _____ of services,service retailers like Universal Studios Theme Parks,Delta,and Applebee's restaurants,sometimes,find it difficult to match supply and demand.

• A) intangibility
• B) perishability
• C) inconsistency
• D) consumability
• E) compatibility

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Definitions:

Introductory Period

The initial phase after a product or service is launched, during which it is made known to the public and promotional activities are intensified.

Competitive Status

Competitive status denotes the position or ranking of an organization in its industry based on factors like market share, product quality, or innovation, affecting its ability to compete.

Order Processing

The sequence of steps taken by a company to fulfill a customer's order, from receipt through delivery.

Creative Selling

This approach involves innovative and unique methods to sell products or services, often enhancing customer interest and sales.