Exam 1: Marketing in the service economy

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In some services, such as fast food restaurants, customers obtain ownership of tangible goods.

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True

Which of the following best represents a service directed at people's minds?

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E

A service is any act, performance or __________ that one party can offer to another and that is essentially __________ and does not result in the __________ of anything.

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C

Arrange the following aspects of the customer value framework in sequential order: 1)develop positioning strategy 2)develop distinctive service concepts 3)understand target consumer needs and behaviours 4)create service value propositions

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The distinction between services and manufactured goods has become increasingly blurred.

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When a possession is being processed there is no real need for the customer to be present.

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In a value delivery system, which of the following are examples of value-creating elements?

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Customers only buy services where they perceive that the total benefits obtained exceed financial and other costs.

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In what parts of the world is the size of the service sector increasing?

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In services, tangible elements create the most value.

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Soft drinks would be considered as __________ while a lawyer's advice would be considered __________.

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Discuss the relevance of using the theatrical analogy 'backstage' and 'frontstage' to a fast-food operation as compared to a fine dining experience.

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Recent years have seen a growing demand for alternative health care services and a trend toward privatisation.How could these forces affect a local medical practice?

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Which of the following CANNOT be classified as a consumer service?

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Which of the following terms has been used to describe such elements as the physical layout, ambience, background music and seating?

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During a stay in a hotel, which of the following is NOT a tangible component?

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It has been suggested that in the last 20 years countries like Australia and New Zealand have moved much of their low-technology manufacturing, which is labour intensive, to less developed economies such as Vietnam, Cambodia, and China.What is this process being labelled as?

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Which of the following organisations could be classified as a national or global franchise network?

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In many countries, increased government regulation has eliminated (or minimised) constraints on competitive activity in such industries as freight, rail services, securities, insurance and energy utilities.

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Which of the following best represents a service directed at physical possessions?

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