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Q#1-MktgServiceEconomy

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

Most new employment is provided by services

a)

True

b)

False

2.

Customers might be manipulated

a)

True

b)

False

3.

Manufacturing firms are reformulating and innovating existing added-value services to market them as stand-alone core products

a)

True

b)

False

4.

Marketing is only function to bring operating revenues into a business; all other functions are cost centers

a)

True

b)

False

5.

Differences exist amongst services depending on what is being handled.

a)

True

b)

False

6.

Customers have more choices and exercise more power

a)

True

b)

False

7.

Services are different from goods because they are (a)  

8.

Production and consumption are (a)  

9.

Physical presence of recipients not required

a)

Services

b)

Marketing of service

c)

Rented goods services

d)

Mental Stimulus Processing

10.

Services directed at intangible assets

a)

Newer service industries

b)

Globalization

c)

Information processing

d)

Customer's perspective

11.

Core content of services is.....

a)

inventoried

b)

information based

c)

not required

d)

might be manipulated

12.

Services dominate the economy in many nations. The (a)   are created in the service sector.

13.

Which of the following is a traditional marketing mix applied to services:

a)

People

b)

Price

c)

Marketing of services

d)

Process

14.

Compact mobile equipment is factor that stimulate transformation in service economy under:

a)

Globalization

b)

Business Trends

c)

Social Changes

d)

Advances in IT

15.

Managers should think about process and output from the (a)