One Approach Marketers Are Using to Reduce Service ________ Is

question 107

Multiple Choice

One approach marketers are using to reduce service ________ is to replace people with machines whenever appropriate.

• A)intangibility
• B)inseparability
• C)spendability
• D)perishability
• E)heterogeneity

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Definitions:

Average Rate of Return

A financial ratio that calculates the expected return on an investment relative to its initial cost.

US Dollar

The official currency of the United States, widely used as a benchmark and reserve currency worldwide.

Investments

Assets or items acquired with the goal of generating income or appreciation in value.

Exchange Rate

The value of one currency for the purpose of conversion to another, crucial for international trade and investments.