Purchase Specifications for Services Are Usually Very Simple Because Services

question 119

True/False

Purchase specifications for services are usually very simple because services tend to be very standardized.

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Definitions:

Niche Market

A niche market is a distinct segment of a larger market, characterized by a specific set of needs, preferences, or identity, often under-served by mainstream providers.

Social Community Zone

Social community zone refers to a digital space where individuals with common interests come together to share information, experiences, and connect with each other, often facilitated by social platforms.

Relationship Zone

An area or stage in customer relationship management focusing on the development and maintenance of positive interactions between a business and its customers.