Exam 1: Introduction to Services Marketing

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Education is an example of a/an _____________ service.

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Service markets are shaped by all of the following except ____________.

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Provide an example of a service industry where customers are involved in co-production and explain the implications and marketing-related tasks that would be associated with that service.

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Theme parks are a good example of customer co-production services.Implications include customers having to visit the facility and participate in rides,shows,and other activities to benefit from the service.Picking the wrong ride at the wrong time may cause the customer to wait in a long line and decrease the value of their service experience.Marketing-related tasks include developing user-friendly equipment and facilities and training customers to perform effectively.For example,theme parks can provide schedules and maps to assist customers in making better and more efficient plans.

Describe the seven Ps of service that would be involved in a banking service.

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In most highly developed nations,services account for between three-fifths and four-fifths of the GDP.

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Other customers typically do not impact the satisfaction of other consumers in service settings.

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Time is of great importance in services so operations managers have to be concerned about minimizing customer waiting time.

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What are the eight common differences between products and services?

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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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How can firm develop effective marketing strategies?

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The three broad categories of things processed in services are ____________,____________,and ____________.

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Define services.

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When migrants from developing countries move back to their own countries after living and working abroad in developed countries,there will be a vacuum in the employment market of developing economies.

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Which of the following is an example of co-production?

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Which of the following is the best example of a supplementary service?

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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 an industry where production and consumption are separable.

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The three additional Ps of services marketing that extend the original four Ps of marketing are _____________,_____________,and _____________.

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

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The following are all business trends transforming service markets except ____________.

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