Why Should Services Be near to the Customer

question 68

Multiple Choice

Why should services be near to the customer?

• A)To keep out competition
• B)Because the customer is normally involved in the service
• C)To serve customers with limited transportation
• D)To make services convenient
• E)None of these options are reasons to be near customers

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Definitions:

Paid-In Capital

represents funds raised by a company through issuing securities like stocks, reflecting the additional amount over the par value that investors are willing to pay.

Common Stock

Common stock represents ownership shares in a corporation, giving holders voting rights and a share in the company's profits through dividends.

Par Value

A nominal value assigned to share of stock in the charter of a corporation, unrelated to market value.

Legal Expense

Costs incurred in the process of legal advice, litigation, or other legal services.