You decided to start a dog walking service in Tiburon, California because you noticed a number...
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You decided to start a dog walking service in Tiburon, California because you noticed a number of trends that suggest a high demand for this type of service. You are trying to convince your brother to partner with you in this business, but he is unconvinced of its prospects. He believes your chances of success would be greater with a goods- based business. You have gathered some evidence to show your brother in hopes of convincing him that your idea has validity. Select the statement that does not support starting a services-based business as opposed to a goods-based business: a. Services are increasingly important in many nations, and the importance of services in the U.S. economy has led many people to call the United States the world's first service economy. Services represent well over half of the GDP in many developed nations. b. A concentrated effort to provide quality services builds a relationship in which customers become very loyal and are unlikely to switch to a competitor. c. Sustained economic growth and lifestyle changes have led to the expansion of the service sector, including consumer and business services, as people can afford to pay others to perform tasks that save them time. Demand for consumer services has grown more rapidly than for business services. d. e. Perishability means that the unused service capacity from one time period cannot be stored for future use. You decided to start a dog walking service in Tiburon, California because you noticed a number of trends that suggest a high demand for this type of service. You are trying to convince your brother to partner with you in this business, but he is unconvinced of its prospects. He believes your chances of success would be greater with a goods- based business. You have gathered some evidence to show your brother in hopes of convincing him that your idea has validity. Select the statement that does not support starting a services-based business as opposed to a goods-based business: a. Services are increasingly important in many nations, and the importance of services in the U.S. economy has led many people to call the United States the world's first service economy. Services represent well over half of the GDP in many developed nations. b. A concentrated effort to provide quality services builds a relationship in which customers become very loyal and are unlikely to switch to a competitor. c. Sustained economic growth and lifestyle changes have led to the expansion of the service sector, including consumer and business services, as people can afford to pay others to perform tasks that save them time. Demand for consumer services has grown more rapidly than for business services. d. e. Perishability means that the unused service capacity from one time period cannot be stored for future use.
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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