The ________ characteristic of services makes it difficult for customers to know what a reasonable price should be for a service.
A) intangibility
B) perishability
C) simultaneity of production and consumption
D) Both intangibility and perishability are correct.
E) All of these are correct.
Correct Answer:
Verified
Q20: A service organization's pricing strategy is not
Q21: The breakeven point is calculated by dividing
Q22: Indirect costs of a service
A)are associated with
Q23: A breakeven analysis is used to determine
Q24: COMPLETION QUESTIONS
Yield Management Systems
Profit-Oriented
Volume-Oriented
Value
Price/Demand Elasticity
Fixed
Variable
Contribution Margin
Breakeven Point
Price
Q26: Price is a vehicle for
A)building relationships between
Q27: The difference between the price charged to
Q28: _ approach to pricing focuses attention on
Q29: Service providers that use a yield management
Q30: COMPLETION QUESTIONS
Yield Management Systems
Profit-Oriented
Volume-Oriented
Value
Price/Demand Elasticity
Fixed
Variable
Contribution Margin
Breakeven Point
Price
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