Exam 1: New Perspectives on Marketing in the Service Economy

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Documenting performance, explaining what was done and why, and offering guarantees are additional ways to reassure customers and reduce anxiety.

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Give an example of a government policy that has stimulated the transformation of a service industry.

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A ban on smoking in restaurants and the limitation of transfats in food preparation has improved customer comfort and health measures in restaurants. This will encourage people to dine out more often.

What are the five broad categories within the non-ownership framework?

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Rented goods, defined space and place rentals, labor and expertise rental, access to shared physical environments, and systems and networks: access and usage.

In most possession-processing services, the customer's involvement is usually limited to dropping off the item that needs treatment, requesting the service, explaining the problem, and returning later to pick up the item and pay the bill.

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Rolls Royce introduced TotalCare® to do which of the following?

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People processing, possession processing, mental stimulus processing, and information processing make up the four broad categories of services.

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Give an example of an industry where the Internet has transferred power from suppliers to customers.

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Which one of the following is NOT one of the four broad categories of service?

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What are the three vital roles of promotion and education?

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In most highly developed nations, services account for between two-thirds and three-fourths of the GDP.

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The best way to help customers visualize your service is to highlight credentials/experience and educate consumers to make good choices.

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Give an example of a service that offers access to physical environments as a form of rental.

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A useful way to distinguish between goods and services is to place them on a continuum from ____________ to ____________.

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Service employees should have which set of the following?

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IBM is a good example of a firm that has shifted from manufacturing intensive operations to service intensive operations.

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Give an example of a service that offers labor and expertise rental.

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In all cases of possession processing, production and consumption can be described as inseparable.

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Typically service jobs are not well-paid positions and require little education.

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Online educational programs offered by the University of Phoenix are an example of _____________.

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Customers being turned away or having to wait is an implication of which aspect of services?

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