Which of the Following Statements About Services Is Most Accurate

question 99

Multiple Choice

Which of the following statements about services is most accurate?

• A)Although a major contributor to the GDP nationally,services play only a minor role in GDP on a global scale.
• B)Whether tangible or intangible,the marketing of services is exactly the same as the marketing of products or ideas since they both satisfy customer needs.
• C)Almost 65% of all jobs created in the United States are in the services sector.
• D)In the U.S. ,more than 46% of the GDP comes from services.
• E)There is much more in common with the marketing of services and business products than there is between the marketing of services and consumer products.

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Definitions:

Price-Earnings Ratio

A valuation ratio of a company's current share price compared to its per-share earnings, used to evaluate if a stock is under or overvalued.

Market Value Per Share

The current price at which a single share of a company's stock is bought or sold in the financial markets.

Earnings Per Share

Earnings Per Share (EPS) is a measure used to indicate the profitability of a company, calculated as the company's net income divided by the number of outstanding shares of its common stock.

Par Preferred Stock

The value assigned to preferred stock for accounting purposes, not necessarily its market value.