Which of the Following Statements About Services Is Most Accurate

question 92

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 not,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. ,almost 50% 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:

Protective Tariffs

Levies placed on goods brought into a country to safeguard local businesses against overseas competition by increasing the cost of foreign products.

National Railroad Network

A widespread system of railways covering a nation, facilitating the transportation of goods and passengers across various regions.

Global Economy

The interconnected worldwide economic activities that involve the exchange of goods, services, technology, and capital across borders.

Manufacturing Jobs

Employment in industries that produce goods using labor and machines, typically involving the transformation of raw materials into finished products.