What is the basic property of a service which makes it different from a product? A. Shape B. Size C. Very expensive D. Intangibility

What is the basic property of a service which makes it different from a product? A. Shape
B. Size
C. Very expensive
D. Intangibility
by

1 Answer

Answer :

D. Intangibility
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According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing profits are stealing from their owners. Which statement supports this view? A. Property rights are restricted when they conflict with the basic rules of society as embodied in law and custom. B. The connection between ownership and control that exists for personal property does not legally exist for corporate property. C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

Description : According to the private property defense of the classical model of corporate social responsibility, managers who use corporate funds for projects that are not directly devoted to maximizing ... . Stockholders in publicly traded corporations are better understood as investors rather than owners.

Last Answer : C. Investors buy their stocks with the hope of maximizing return on their investment. D. Stockholders in publicly traded corporations are better understood as investors rather than owners.

Which of the following see(s) the product, in a commodity market as very important and demand the deepest discount and the highest service? A. Bargain hunters B. Programmed buyers C. Relationship buyers D. Transaction buyers E. Gatekeepers.

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Last Answer : A. Bargain hunters

The customer will judge the offering by three basic elements: ________, services mix and quality, and price. A. Performance B. Salespeople C. Price D. Product features and quality E. None of the above

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Last Answer : D. Product features and quality

The fact that services are sold, produced, and consumed at the same time refers to which of the following service characteristics ? 1. Intangibility 2. Inseparability 3. Variability 4. Perishability 5. None of these

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Last Answer : Inseparability

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Last Answer : D)Heterogeneity

Beauticians find it difficult to market their product because the customer must be involved in the production of the product (i.e., the facial). This problem illustrates which one of the following unique features of services? A)Intangibility B)Inseparability C)Perishabilit y D)Heterogeneity

Description : Beauticians find it difficult to market their product because the customer must be involved in the production of the product (i.e., the facial). This problem illustrates which one of the following unique features of services? A)Intangibility B)Inseparability C)Perishability D)Heterogeneity

Last Answer : B)Inseparability

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Services have special characteristics namely ________which affect their Marketing process 1. Intangibility 2. Inseparability 3. Heterogeneity 4. Perishability 5. All the above

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Services have special characteristics namely ____________ which affect their marketing process 1. intangibility 2. inseparability 3. Heterogeneity 4. Perishability 5. All the above

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. At the Melting Moments, an ice cream parlour, customers place their orders, watch their ice- cream sundaes being prepared, and then quickly eat the sundaes in the store before the ice cream melts. This is an example of a characteristic of services known as A. Inseparability B. Intangibility C. Heterogeneity D. Perishability E. Dependency

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Because of a service's __________, standardisation and quality are extremely difficult to control. A)intangibility B)inseparability C)homogeneity D)heterogeneity E)perishability

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As per section 2(1)(j) of Consumer Protection Act 1986, 'manufacturer' means a person who (i) makes or manufactures any goods or part thereof (ii) does not make or manufacture any goods but assembles parts thereof made or manufactured by others (iii) puts or causes to be put his own mark on any goods made or manufactured by any other manufacturer; Codes: A. (i) & (ii) B. (i) & (iii) C. (ii) & (ii) D. (i), (ii) & (iii)

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Last Answer : D. (i), (ii) & (iii)

Which statement is a correct view of psychological egoism? A. While our own interests are important, they make sometimes have to give way to the interests of others. B. Psychological egoism makes claims about how people should act. C. If psychological egoism is true, we should abandon ethics. D. Psychological egoism does not claim to provide an accurate descriptive account of human behavior.

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If Wrigley’s makes all the world's bubble gum but sells it through middlemen who market under individual store brands, Wrigley’s is utilizing which type of brand sponsorship? A. Manufacturer's brand B. Slotting brand C. Private brand D. Licensed brand E. Dealer brand.

Description : If Wrigley’s makes all the world's bubble gum but sells it through middlemen who market under individual store brands, Wrigley’s is utilizing which type of brand sponsorship? A. Manufacturer's brand B. Slotting brand C. Private brand D. Licensed brand E. Dealer brand.

Last Answer : C. Private brand

The seller is required to supply the goods which shall be fit for buyer's purpose where the A. Seller is the sole distributor of goods sold. B. Seller knows the particular purpose of buyer. C. Buyer makes his purpose clear and relies upon seller's skill and judgement. D. Buyer is uneducated and the person of rural background.

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Last Answer : B. Seller knows the particular purpose of buyer.

When a potter makes pots of different size and shape from kneaded clay. This change in shape and size is due to ________. a) force b)pressure c)area d)direction

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Under a pegged exchange-rate system, which does not explain why a country would have a balance-of payments deficit? A. Very high rates of inflation occur domestically B. Foreigners discriminate against domestic products C. Technological advance is superior abroad D. The domestic currency is undervalued relative to other currencies

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Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences. C. Some actions like murder, theft, rape, and lying are wrong of their very nature, the kind of acts they are. No amount of n

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Last Answer : B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences.

The ethical roots of the classical model of corporate social responsibility are found in which statement: A. The idea that the interests of stakeholders are as important as the interests of a corporation's stockholders. B. The free market theory which holds that managers are ethically obliged to ace as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society. C. The ethical imperative to cause no harm. D. The ethical imperative to prevent harm.

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Last Answer : B. The free market theory which holds that managers are ethically obliged to ace as much money as possible for their stockholders because to do otherwise would undermine the very foundations of our free society.

Identify the statement that is consistent with utilitarian ethical theory: A. Adhering to a set of principles may well forbid an act that would otherwise provide overall net good consequences. B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences. C. Some actions like murder, theft, rape, and lying are wrong of their very nature, the kind of acts they are. No amount of net good consequences could ever justify them. D. The end never justifies the means.

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Last Answer : B. No act is ever morally right or wrong in all cases, in every situation. It will all depend on the act's consequences.

A Void Contract A. Is void from the very beginning? B. Enforceable at the option of both the parties. C. Enforceable at the option of one party D. Not enforceable in the court of law

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Capital formation in underdeveloped countries is a major bottleneck. The reason can be A. Small size of market with no incentive for investment B. Low level of income C. Demonstration effect D. All the above

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Knowing the size, purchasing power, and profiles of a market segment are all part of which of the following characteristics? A. substantiality B. measurability C. action ability D. accessibility

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In which sector of Indian economy will we find a high rate of disguised unemployment? A. Service sector B. Agriculture sector C. Manufacture sector D. Mining sector

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