In the Seven Ps of Services Marketing, the Term Process

question 16

Multiple Choice

In the seven Ps of services marketing, the term process involves not only "what" is created but also

• A)"if" it is created.
• B)"how" it is created.
• C)"when" it is created.
• D)"for whom" it is created.
• E)"why" it is created.

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Definitions:

Good Faith

Good Faith refers to an honest intention to act without taking an unfair advantage over another party, often assumed in the context of negotiations or business dealings.

Liability

A financial obligation or debt that an individual or company owes.

Advisors

Experienced professionals who provide expert advice and guidance in specific areas of business, finance, or other fields to individuals or organizations.

Skeptical

Doubtful or questioning, often requiring evidence before believing in the truth or effectiveness of something.