A) Is an effective way to make services more tangible.
B) Tends to decrease the perishability of the service.
C) Is easier for consumer services than for industrial services.
D) Is not possible.
E) Is not recommended.
Correct Answer
verified
Multiple Choice
A) Separated by space and time.
B) Highly perishable.
C) Highly personalized.
D) Intangible.
E) The same thing.
Correct Answer
verified
Multiple Choice
A) 1
B) 2
C) 3
D) 4
E) 5
Correct Answer
verified
Multiple Choice
A) Inseparability of services
B) Difficulty of standardization of services
C) Customer involvement in services
D) Perishability of services
E) Tangibility of services
Correct Answer
verified
Multiple Choice
A) Totally absent.
B) The same for product production.
C) Much less than their involvement in product production.
D) Greater than their involvement in product production.
E) Requires input from customers at the development stage.
Correct Answer
verified
Multiple Choice
A) The same size as the manufacturing sector.
B) One-and-one-half times the size of the manufacturing sector.
C) Three times as large as the manufacturing sector.
D) Twice the size of the manufacturing sector.
E) One-half the size of the manufacturing sector.
Correct Answer
verified
Multiple Choice
A) Manufacturers.
B) Retailers.
C) Manufacturers and retailers combined.
D) Franchisors.
E) Franchisors and franchisees combined.
Correct Answer
verified
Multiple Choice
A) Charge more for its services.
B) Tangibility of services
C) Get customers involved in providing services.
D) Separate out particular services.
E) Entice new customers to make reservations.
Correct Answer
verified
Multiple Choice
A) longer than
B) shorter than
C) about the same length as
D) more intense than
E) more selective than
Correct Answer
verified
Multiple Choice
A) Must rely on repetitive processes.
B) Can easily develop a channel design.
C) Face increased difficulty in the designing and operating channels.
D) Do not need to be as concerned with efficiency since they charge higher prices.
E) Have a long channel design.
Correct Answer
verified
Multiple Choice
A) high cost
B) uniformity
C) inseparability
D) intangibility
E) standardization
Correct Answer
verified
Multiple Choice
A) a couple delivering their income and expense records to a tax accountant
B) a client stipulating her investment goals to a stock broker
C) a customer requesting "no pickles" on his hamburger
D) a customer choosing the red rather than the black motorcycle helmet
E) a customer identifying flight times and days to an airline ticket agent
Correct Answer
verified
Multiple Choice
A) Product franchises.
B) Trademark franchises.
C) Business format franchises.
D) Quick franchises.
E) Exclusive franchises.
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verified
Multiple Choice
A) Information
B) Negotiation
C) Product
D) Promotion
E) Knowledge
Correct Answer
verified
Multiple Choice
A) Inseparability
B) Intangibility
C) Standardization
D) Perishability
E) Involvement
Correct Answer
verified
Multiple Choice
A) franchise
B) cooperative
C) single intermediary
D) independent retailer
E) direct channel to consumers
Correct Answer
verified
Multiple Choice
A) low; high
B) high; low
C) about the same
D) high; high
E) low; low
Correct Answer
verified
Multiple Choice
A) Fraud and corruption.
B) Too many branches.
C) A complex, confusing and cumbersome franchise contract.
D) A large scale organization attempting to handle non-routine legal services.
E) None of the above.
Correct Answer
verified
Multiple Choice
A) Provide scale economies.
B) Harness entrepreneurial spirit.
C) Help solve standardization problems.
D) A close business relationship between franchisee and franchisor is unnecessary.
E) Takes advantage of the drive and motivation associated with independently owned businesses.
Correct Answer
verified
Multiple Choice
A) Less often are customized.
B) More often are customized.
C) More often are customized in the industrial market but not in the consumer market.
D) More often are customized in the consumer market but not in the industrial market.
E) Have about the same occurrence of customization.
Correct Answer
verified
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