Which of the Following Is Typically True of Service Industries

question 28

Multiple Choice

Which of the following is typically true of service industries that are not subject to obsolescence?

• A)They do not utilize internal marketing techniques.
• B)They take a sluggish approach to marketing.
• C)They are highly creative.
• D)They do not operate in markets with heavy competition.

---

Definitions:

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings.

Investors

Individuals or entities that allocate capital with the expectation of receiving financial returns.

Premium

An amount paid in addition to the standard or original price, often for insurance, bonds, or faster service.

Shares Of Common Stock

Units of ownership in a corporation, providing shareholders with a proportion of the company's profits and voting rights.