Service Organizations Use Different Techniques Such as _____________, ___________, and ____________

question 32

Short Answer

Service organizations use different techniques such as _____________, ___________, and ____________ for effective use of service capacity.

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Definitions:

WTO

The World Trade Organization, an international body aimed at promoting and facilitating global trade and resolving trade disputes.

Globalization

The method through which companies or various organizations expand their influence globally or begin to function at an international level.

Exports

Commodities or services sent overseas for the objective of being sold or traded.

Opportunity Cost

The cost of an alternative that must be foregone in order to pursue a certain action. Essentially, the benefits you could have received by taking an alternative action.