Which of the following strategies increases the supply of service available to consumers?
A)the use of creative pricing strategies
B)the use of reservation systems
C)capacity sharing
D)developing complementary services
E)developing nonpeak demand

Question

Quizplus · Accepted Answer

Capacity sharing refers to the practice of sharing facilities, equipment or staff with others in order to increase the supply of services available to consumers. This can be done between different businesses or even within the same business. By pooling resources in this way, each party is able to benefit from access to greater capacity and can offer customers more options and faster service. This strategy is particularly effective for service providers who have high fixed costs or who experience peaks and troughs in demand.

Which of the Following Strategies Increases the Supply of Service