1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
otez555 [7]
3 years ago
9

Distinct characteristics of service operations include which of the following?

Business
1 answer:
myrzilka [38]3 years ago
8 0

Answer:

Letter e is correct.<u> All of the above except (b).</u>

Explanation:

A service is a set of activities whose objective is to satisfy some human need without the presence of a material good.

Service providers constitute the tertiary sector in economics, so there is a need for the development and improvement of service techniques so that the sector meets the demands of customers.

Some characteristics that define a service are:

Intangibility: Services are intangible processes and ideas, so the consumer is influenced by the reputation of a company, brand or service for the ideal choice.

Heterogeneity: The service varies from customer to customer. It is not possible to offer exactly the same service every time, often due to outsourcing in companies.

Simultaneity: Services are consumed at the same time they are created.

Customer participation in the process: There is an integration between the customer and the service provider, so there are opportunities for service production with customer participation.

Perishability: Services cannot be stored, if they are not consumed it is lost.

You might be interested in
Procter &amp; Gamble's (P&amp;G) Bounty paper towels are a cash cow for P&amp;G. Assume that Procter &amp; Gamble is adjusting t
AveGali [126]

Answer:

<u>Status quo</u>.

Explanation:

Status quo is an expression created in the 1700s that means "in the state of things". In a business strategy the status quo can be used to keep business processes as they are. In the case of Procter and Gamble's, maintaining the status quo is a strategy that does not include long-term vision, because even if products are revenue generating, the market is saturated, so it is important to adopt an innovation strategy to prevent potential negative economic factors that may arise.

3 0
4 years ago
Why does a more participative management style ("tipping the pyramid over") lead to greater responsiveness to customers’ needs,
suter [353]

Inclusive and participatory management practices are the most effective in today's society. The indices show that companies that adopt this style of management achieve continuous improvements throughout the organizational process. Organizational culture focused on employee well-being ensures a positive culture and this influences them to do their job more effectively. It also increases security, pride in being part of that company, and values.

4 0
4 years ago
Read 2 more answers
Cash receipts for January are expected to total $171,000. Cash disbursements for January are expected to be $158,000. The compan
Monica [59]

Answer:

Expected cash balance = $48000

Explanation:

Given

Cash receipts = 171000

Cash disbursements = 158000

Starting period = 35000

Minimum desired cash balance = 10000

From the above,

Cash available = Cash receipts + starting period

= 171000 + 35000

= 206000

Therefore,

Cash balance at the month end

= Cash available - Cash disbursements (payments)

= 206000 - 158000

= $48000

7 0
3 years ago
Keystone Foods, which invented the individual quick freeze process for beef, provides McDonald's with millions of pounds of chic
garik1379 [7]

Answer:

industrial

Explanation:

Generally companies can focus on producing goods and services for final consumers (B2C market), for other businesses (B2B market) or for the different government levels (public contracts).

In this case, Keystone Foods focuses on business-to-business (B2B) markets since it provides intermediate goods to other companies that later processes them into final goods that are purchased by final consumers.

5 0
4 years ago
In a small, closed economy national income (GDP) is $750.00 million for the current month. Individuals have spent $300.00 millio
Gwar [14]

Answer:

Investment is $50 million as shown below.

The national savings is -$150m as government spent more than it received in taxes.

The national savings and the investment moving in different directions shows that the economy is running a deficit budget

Explanation:

The formula for computing GDP is given as:

GDP = C + I + G + (Ex - Im)

Where C=Consumption

I=investment

G=Government expenditure

Ex=Export

Im=Import

In this case,neither export nor import is applicable

The formula becomes:

GDP=G+I+C

Rewritten I=GDP-C-G

I=750-300-400

I=$50m

National savings is the difference between what government in taxes and government exenditure.

National savings =T-G

National savings=250-400

National savings=-150m

3 0
3 years ago
Other questions:
  • (3) A total of 1000 units of a certain product must be completed by the end of the current week. It is now late Monday afternoon
    10·1 answer
  • A decrease in the opportunity cost of steel production will:
    5·1 answer
  • Of the following statements, which are true for the corporate form of organization? (You may select more than one answer. Single
    11·1 answer
  • An ordinary annuity selling at $14,130.15 today promises to make equal payments at the end of each year for the next twelve year
    15·1 answer
  • Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory 27 units at
    13·1 answer
  • 51. The national government helped to finance transcontinental railroad construction in the late nineteenth century by providing
    10·1 answer
  • What is an insurance premium?
    10·1 answer
  • How are prototypes helpful to a company’s marketing team?
    12·1 answer
  • Epsilon currently pays $94 per unit to buy a part for a product it sells. Epsilon has excess capacity, and estimates that making
    14·1 answer
  • The use of the Certified Public Accountant title is regulated by Group of answer choices the American Institute of Certified Pub
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!