Examlex
The marketing of services differs from the marketing of products because services are tangible and separable from the service provider.
Quantity Discount
A price reduction offered to buyers purchasing in large volumes or amounts.
Inventory
Materials or goods a business holds for the purpose of resale or production, representing a current asset on the balance sheet.
Operating Expenses
Regular costs incurred in the operation of a business, such as wages, utilities, and rent, excluding cost of goods sold.
Service Company
A business entity that provides services to individuals or other businesses, rather than producing goods.
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