What Is the Most Important Factor That Causes Service Firms

question 88

Essay

What is the most important factor that causes service firms to generally rank lower in customer satisfaction than manufacturing firms?

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Definitions:

Marketable Securities

Marketable securities are liquid financial instruments that can be quickly converted into cash at their current market prices.

Trading Securities

Financial assets that a firm holds for the purpose of selling them in the short term to profit from price changes.

Amortized Cost

The amount at which a financial asset or financial liability is measured at initial recognition minus principal repayments, plus or minus the cumulative amortization.

Unconsolidated Investee

A company in which the parent company has a significant investment but not enough to exert full control or consolidate the financial statements.