For a Service Business,the Minimum Cardinalities Between Sales Event and Inventory

question 90

Multiple Choice

For a service business,the minimum cardinalities between Sales event and Inventory entity are most likely both 0 for all except which of the following reasons?

• A)Service businesses don't sell inventory,they only use inventory to perform services.
• B)A sale doesn't have to include any inventory.
• C)Inventory can exist that hasn't been part of a sale yet.
• D)Some services only require labor.

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Definitions:

Segmentation Base

Criteria used to divide a market into distinct groups of buyers with different needs, characteristics, or behavior who might require separate products or marketing mixes.

Customer Lifetime Value

A projection of the total value a business will derive from their entire relationship with a customer, considering both revenues and costs over the customer's lifespan with the business.

Financial Worth

The total value of all assets owned by an individual or organization, minus any liabilities owed.

Company Relationship

The interactions and connections between a business and its stakeholders, including customers, employees, investors, and suppliers.