Question

Services are Multiple Choice marketing actions that provide quality products in a timely matter to satisfy customers’ needs. intangible activities or benefits that an organization provides to satisfy consumers’ needs in exchange for money or something else of value. tangible attributes that consumers’ five senses can perceive. tangible product attributes that an organization provides to satisfy consumers’ needs in exchange for money or something else of value. thoughts that lead to marketing actions.

Answer 1

Answer: The answer is B. intangible activities or benefits that an organization provides to satisfy consumers’ needs in exchange for money or something else of value.

Explanation: A service refers to a business transaction in which there are no forms of physical transfer of physical goods from the seller to the buyer. This is in sharp contrast with goods or products, in which there is a physical transfer of goods from seller to buyer in exchange for money or something else of value.

Examples of services include:

- Riding a Taxi

- Staying in a hotel

- Getting a hair cut

- Medical check ups

- Teaching

- Mail delivery

And other transactions where there is no transfer of tangible product in exchange for money or something else of value.