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What Does It Mean When We Say Services Are Intangible

question 179

Essay

What does it mean when we say services are intangible? How do marketers of services overcome the problems associated with intangibility?


Definitions:

Inoculation

The process of introducing a vaccine into the body to produce immunity against a specific disease.

Important Debates

Significant discussions or arguments, often public, about crucial topics or issues affecting society, policy, or knowledge.

Diversification

The strategy of investing in a variety of assets to reduce the overall risk of an investment portfolio or to expand into multiple business sectors.

Tobacco Prices

Refers to the cost of tobacco products, which can fluctuate based on factors like taxes, production costs, and market demand.

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