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From a customer's perspective, what are the skills and qualifications that service employees in both large and small organizations must possess? What may happen if service employees fail to possess these skills?
Fixed Costs
Static expenses that are independent of production or sales volumes, including costs like rental fees, salary payments, and insurance.
Selling Prices
The amount a customer pays to purchase a product or service from a seller.
Variable Costs
Expenses that vary with the amount of output or sales.
Fixed Costs
Expenses that do not change in proportion to the activity of a business, such as rent or salaries.
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