Which of the Following Is Among the Eight Determinants of Revenue

question 12

Multiple Choice

Which of the following is among the eight determinants of revenue and volume for a service firm?

• A)uniqueness of the firm's and the competitors' locations
• B)quality of the competition
• C)quality of management
• D)purchasing power of the customer-drawing area
• E)all of the above

---

Definitions:

Customer Really Wants

The deep-seated desires or needs of customers, often beyond the surface-level demands or expectations, crucial for product development and marketing strategies.

What Works

An approach or method that has been proven to yield successful results or outcomes.

Making Decisions

The cognitive process of selecting a course of action from among multiple alternatives.

Convergent Thinking

A problem-solving technique involving bringing multiple ideas together to find a single, best solution to a given problem.