Services inseparability - Study guides, Class notes & Summaries

ETS MFT BUSINESS EXAM The principal difference between variable costing and absorption costing centers on: a) whether variable manufacturing costs should be included as product costs b) whether fixed manufacturing costs should be included as product costs c) whether fixed manufacturing costs and fixed selling and administrative costs should be included as product costs d) none of these. General Bikes is debating which marketing research options to employ. The traditional p...

Operations - The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager - They allocate resources. Capital - Facilities and equipment Competitive Advantage - Developing capabilities that customers value, can be sustained over the long-term, and competitors find difficult to replicate. Inseparability - The process of separating production from consumption; cannot be done for services because ...

Operations - The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager - They allocate resources. Capital - Facilities and equipment Competitive Advantage - Developing capabilities that customers value, can be sustained over the long-term, and competitors find difficult to replicate. Inseparability - The process of separating production from consumption; cannot be done for services bec...

CPM Glossary (Certified Product Management) Complete Exam Questions With Complete Solutions 2024. Product - correct answer Anything that can be offered to a market for attention, acquisition, use, or consumption and that might satisfy a want or need. Includes physical objects, services, events, persons, places, organizations, ideas, or some combination thereof. Augmented product - correct answer A product enhanced by the addition of related services and benefits, e.g. installation, warranty,...

RPTM 410 Exam 1 Question and answers 100% correct RPTM 410 Exam 1 Primary Sector - correct answer Makes direct use of natural resources Secondary sector - correct answer Includes manufacturing, physically modifying the object being produced Tertiary Sector - correct answer Providing a service, creating intangible value Service - correct answer Action performed by one party on the behalf of another party Two main characteristics of service - correct answer -No change ...

WGU C720 Operations and Supply Chain Management – Questions and Answers Already Passed Operations The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager They allocate resources. Capital Facilities and equipment Competitive Advantage Developing capabilities that customers value, can be sustained over the long-term, and competitors find difficult to replicate. Inseparability The process of ...

Retail - Answer-a set of business activities that add value to the products and services sold to consumers to satisfy their needs Top Retail Industries in Canada - Answer-Automotive ($120 Billion) & Food and Beverage ($110 Billion) Total 2018 Retail Sales - Answer-$605.9 Billion Core Retail Sales - Answer-$376.9 Billion Total Number of Retail Stores - Answer-145,274 Jobs in Retail - Answer-2,057,645 Top 3 Canadian Retailers - Answer-Weston Group (Loblaw's) - $46 million Walmart - $32 mi...

Operations - The process used to acquire inputs, such as people, capital, and material, and transform them into outputs, such as products and services. Operations Manager - They allocate resources. Capital - Facilities and equipment Competitive Advantage - Developing capabilities that customers value, can be sustained over the long-term, and competitors find difficult to replicate. Inseparability - The process of separating production from consumption; cannot be done for services because ...

Service Management And Marketing Exam Questions With 100% Correct Answers Macroeconomic background - Service share of GDP Service constitutes a big share of employment - answer Service as a type of industry - answer- Healthcare - Professional services - Financial services - Hospitality - Travel - Entertainment - Others OBS! Services in some service industries (banking, insurance) are often called products The IHIP charecteristics - answer- Intangibility (service lack the tactile qua...

AIPMM Tests100% Solved 2024 Go To Market is a major decision point in the phase/gate model - Answer- True The PEST Analysis includes political, economic, social, and technological factors - Answer- True A sign, symbol, design or combination of these is known as a ____. A. Company Identifier B. Brand C. Marquee D. Trademark - Answer- Brand Product Management is the process of all of the following except: A. Conceiving B. Delivering C. Servicing D. Planning - Answer- Servicing Which ...