New Service Development with Tangible Products Ensures

question 55

Multiple Choice

New service development with tangible products ensures:

• A)that the service can be separated from the producer.
• B)that the market is not segmented.
• C)that the practice of targeted marketing is discounted.
• D)that there are no alternate means for distributing a service.

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Definitions:

Errors

Mistakes or inaccuracies in actions or decisions, which can arise in various contexts and have varying degrees of impact.

TQM

Total Quality Management (TQM) is a management approach centered on continuous improvement, employee involvement, and customer satisfaction.

Continuous Improvement

An ongoing effort to improve products, services, or processes through incremental and innovative changes.

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