When Considering the Service Life Cycle,which of the Following Statements

question 72

Multiple Choice

When considering the service life cycle,which of the following statements is not true?

• A) It can be more difficult to extend the life cycle of a service over that of a product.
• B) Services go through the same four stages of the life cycle.
• C) New services will take a little time to attract customers.
• D) Initial advertising efforts will be to educate your clients about the service.

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Definitions:

Price Volatility

The rate at which the price of a security increases or decreases for a given set of returns, often measured by the standard deviation of historical returns.

Initial Yield

The initial yield is a financial measure indicating the first year's return on an investment in real estate or bonds, often expressed as a percentage of the investment's cost.

Yield Sensitivity

The degree to which the price of a bond or other debt security responds to changes in interest rates, affecting investors' returns.

Price Volatility

Price Volatility describes the extent to which the price of an asset or security fluctuates over time, indicating the level of risk involved.