Which of the Following Statements Regarding the Place Element of Services

question 242

Multiple Choice

Which of the following statements regarding the place element of services is most accurate?

• A)Place has little impact on the marketing of services because there are so many intermediaries from which a consumer may choose.
• B)The distribution site and the service provider are the intangible components of the service.
• C)Place is an especially important factor because of the inconsistency between the service and the service provider.
• D)As competition grows in service industries, the value of convenient distribution is being recognized.
• E)Technology is an effective way to bring services to the customer, but only if the consumer is a new user; otherwise, the disadvantages outweigh the benefits.

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Definitions:

Portfolio Value

The total worth of all the financial assets held in an investment portfolio.

Statistical Arbitrage

A strategy that uses statistical and computational techniques to exploit inefficiencies or price differences in financial markets, often involving complex models and high-frequency trading.

Market Neutral

An investment strategy that seeks to avoid some forms of market risk by taking matching long and short positions in different stocks to increase the potential for absolute returns.

Relative Value

A measurement that assesses the worth of an asset by comparing it with the value of similar assets.