Exam 1: The Service Economy

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

The decrease in the proportion of income spent on the basic necessities of life has encouraged the demand for more services and accelerated the transition to post-industrial society.

(True/False)
4.9/5
(36)

The concept of economies of scope is best described as

(Multiple Choice)
4.8/5
(35)

Which of the following is not true of services?

(Multiple Choice)
4.7/5
(39)

Services are time-perishable. An opportunity to provide a service, if forgone, is lost forever.

(True/False)
5.0/5
(30)

Which of the following is not a type of service in the non-ownership classification?

(Multiple Choice)
4.7/5
(33)

Which of the following does not describe a business service experience?

(Multiple Choice)
4.8/5
(40)

Health care services are projected to have the greatest percent change in U.S. employment in the period 2008-2018.

(True/False)
4.8/5
(35)
Showing 41 - 47 of 47
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)