The Service-Profit Chain Model Focuses on _____

question 90

Multiple Choice

The Service-Profit Chain model focuses on _____.

• A) employees
• B) costs
• C) volume flexibility
• D) equipment utilization

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Definitions:

Sole Proprietorship

A business owned and operated by a single individual, with no legal distinction between the owner and the business entity.

Limited Liability

A corporate structure where an individual's financial risk in the business is restricted to their investment in the company.

Corporation

A legal entity, created by the state, whose assets and liabilities are separate from its owners.