Which of the Following Is Not a Service Product

question 59

Multiple Choice

Which of the following is not a service product?

• A)Justin Bieber concert
• B)Flight on Southwest Airlines
• C)A 100 percent service satisfaction guarantee
• D)Overnight stay at Holiday Inn Express
• E)Dry cleaning of a suit

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Definitions:

Compounded Quarterly

The process of adding interest to the principal sum of a deposit or loan, where the interest amount is calculated and added four times a year.

Compounded Semi-annually

A method of calculating interest where the accumulated interest is added to the principal twice a year, impacting the overall interest earned.

Contribution

The act of giving something, often financial resources, to a common fund or cause.

Compounded Monthly

Refers to an interest calculation method where interest is added to the principal balance on a monthly basis, allowing the interest to earn interest.