Food preparation, lawn maintenance, and house cleaning services are all examples of
A. the price elasticity effect on services demand.
B. the ability of empowerment to create tangible service products.
C. services shifted abroad because costs are lower in developing countries.
D. household maintenance activities that people increasingly pay others to perform.
E. services an aging population will decrease the demand for.
Answer: D
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Sean is thinking about creating an automatic cat feeder similar to one that he created for dogs.He talks to several cat owners to find out what they dislike about feeding their cats.He also takes a look at current cat feeders and asks the same cat owners what they like and don’t like about the feeders.What is this action called?
a. asking questions and a pilot study b. asking questions and hypothesis testing c. asking questions and background research d. asking questions and prototyping
Apple StoresApple Inc. opened its first Apple Store in 2001 and currently has hundreds of stores spanning several countries. Many of the Apple Stores are inside malls, but Apple also has several free standing stores they call their flagship stores, with each looking a little different on the outside. These are located in New York City, Boston, Los Angeles, Chicago, San Francisco, Montreal, Tokyo, and Osaka.The store in New York City is a glass cube with a glass cylindrical elevator and spiral staircase that leads to an underground store. Inside they have long tables displaying products ranging from the iMac, MacBook Air, iPods, printers, cameras, and other accessories. All these products are accessible to customers who can try them out and ask various questions of informed associates.
The walls are mostly metallic and the signs are all backlit.All stores have a Genius Bar where a customer can receive technical advice or set up service and repair for their products. To address the needs of the many iPod users, some stores, such as the New York store, have set up a separate iPod Bar where customers can get their own technical assistance. They also have an iMac station for kids who want to try out games and learning products and a theatre for workshops, product training sessions and special presentations.Apple introduced the handheld Easy Pay system where customers don't have to wait in line to purchase products and with a simple click of a paperless, handheld credit card scanner, the employee brings the cash register to the customer. Items can be rung up anywhere on the show room floor. Apple plans to open several more stores in the years to come.Apple also has its online store. At its web site a customer can order any Mac or iPod product, plus a large variety of accessories. In addition to its product offerings, a customer can watch a demonstration of how products work or check out the latest Mac ads or news.Refer to Apple Stores. Some shoppers purposely plan to visit the Apple store on Fifth Avenue in New York City, which is characteristic of: A. generator stores B. lifestyle stores C. interactive stores D. m-stores E. destination stores
Because of the First Amendment to the U.S. Constitution:
a. the City of New York could regulate the volume of music played at an outdoor concert, but not the content b. the City of New York could regulate the volume of music played at an outdoor concert in addition to thecontent c. the City of New York not could regulate the volume of music played at an outdoor concert or the content d. the City of New York could not regulate the volume of music played at an outdoor concert, but couldregulate the content e. none of the other choices are correct
You are considering buying some stock in Continental Grain. Which of the following is an example of nondiversifiable risk?
A) Risk resulting from a general decline in the stock market B) Risk resulting from a news release that several of Continental's grain silos were tainted C) Risk resulting from an explosion in a grain elevator owned by Continental D) Risk resulting from an impending lawsuit against Continental