Which of the Following Statements About Services Is MOST Accurate

question 212

Multiple Choice

Which of the following statements about services is MOST accurate?

• A) Although a major contributor to the GDP nationally, services play only a minor role in GDP on a global scale.
• B) Whether tangible or not, the marketing of services is exactly the same as the marketing of products or ideas since they both satisfy customer needs.
• C) Almost 35% of all jobs created in the United States are in the services sector.
• D) In the U.S., more than 47% of the GDP comes from services.
• E) There is much more in common with the marketing of services and business products than there is between the marketing of services and consumer products.

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Definitions:

Shared Meanings

The common understanding or interpretation of signs, symbols, or behaviors among members of a society or group.

World Views

The fundamental cognitive orientation of an individual or society encompassing the whole of the individual's or society's knowledge and point of view.

Group Membership

The state of belonging or being a part of a group, which can influence one's identity, beliefs, and actions.

Moral Behaviour

Actions that are conducted in accordance with principles of what is considered right or acceptable in a given cultural or social context.