Exam 15: Services

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Services that are provided in the areas of management expertise on such issues as transportation,logistics,and politics are referred to as ________.

(Short Answer)
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Due to their nature,services are difficult to inventory.

(True/False)
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The ability of a nation to protect its internal values from external threats is known as ________.

(Multiple Choice)
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To be successful in the international service offering,the manager must first determine whether the service will be aimed at people or at things and whether the service act in itself will result in tangible or intangible actions.

(True/False)
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In Japan,pharmaceuticals cannot be sold outside of a licensed pharmacy.Similarly,travel arrangements can only be made within a registered travel office and banking can only be done during banking hours.As a result,innovations offered by today's communications technology cannot be brought to bear in these industries.This represents the inconvenience of ________.

(Multiple Choice)
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Due to the growth of corporate web sites,some firms can quickly become unplanned participants in the international market.

(True/False)
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Services differ from goods most strongly in their ________.

(Multiple Choice)
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Active participation of customers in the provision of services they consume is called ________.

(Short Answer)
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The traditional economic development pattern is as follows:

(Multiple Choice)
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________ refers to the ability of a nation to protect its internal values from external threats.

(Short Answer)
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________ refers to susceptibility to deterioration; the characteristic of services that makes them difficult to store.

(Short Answer)
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Interference in the marketplace by governments is called ________.

(Short Answer)
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Services tend to be more intangible,personalized,and custom-made than goods.

(True/False)
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Availability of full disclosure and information about key market factors such as supply,demand,quality,service,and prices is known as ________.

(Short Answer)
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Rules which do not differentiate between domestic and foreign firms are known as ________.

(Multiple Choice)
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Uniform quality of service is known as ________.

(Multiple Choice)
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World travel and tourism generated US$500 million in 2008.

(True/False)
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As the number of online vendors has exploded in recent years,offering a superior product guarantees a competitive edge.

(True/False)
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The economic benefit of money spent in a country or region by travelers from outside the area is called ________.

(Multiple Choice)
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The removal of government interference is referred to as ________.

(Short Answer)
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