Introduction To Services Marketing

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Question 1
Free
Multiple Choice

There are several reasons why the services sector is increasing in almost all countries around the world. Which is not one of the contributing reasons?

Choose correct answer/s
A

The knowledge-based industries are growing.

B

Countries are less dependent on agriculture.

C

Some manufacturing firms are now focusing on marketing services as wec.

D

The construction and manufacturing industries are booming.

E

More companies are outsourcing some of their service components.

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Question 2
Free
Multiple Choice

Service markets are shaped by all of the following except ____________ .

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A

government policies

B

social changes

C

global economic change

D

business trends

E

advances in information technology

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Question 3
Free
Multiple Choice

Developments in IT and communication include all of the following, except ____________ .

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A

User-generated content

B

Artificial technologies

C

Internet of Things

D

Social Changes

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Question 4
Free
Multiple Choice

The non-ownership perspective to define Services includes the following.

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A

Time-based

B

Rental

C

Exchange for money, time and effort

D

Expectation to obtain value

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Question 5
Free
Multiple Choice

Which of the following are included in the four categories of services processing.

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A

People processing

B

Possession processing

C

Mental stimulus processing

D

Information processing

E

All of the above

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Question 6
Multiple Choice

In order to design and implement effective service processes, which of the following are important considerations.

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A
Operational inputs and outputs can vary
B
Customers are often involved in co-production
C
Demand and capacity need to be balanced.
D
a & b
E
a, b, & c
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Question 7
Multiple Choice

Which of the following is an example of co-production?

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A
Withdrawing from an ATM
B
Easting fast food
C
Touring an aquarium
D
Selling items on eBay
E
Buying a stereo
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Question 8
Multiple Choice

Links in the Service-Profit Chain include all of the following except

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A
Customer loyalty,
B
Revenue growth
C
Service quality
D
Employee loyalty
E
Top management leadership
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Question 9
Multiple Choice

The three additional Ps of services marketing that extend the original four Ps of marketing are _____________ , _____________ , and _____________ .

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A
product; price; place; promotion
B
prospects; process; people; promotion
C
physical environment; process; people
D
prosperity; process; people; promotion
E
physical environment; prosperity; planning; process
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Question 10
Multiple Choice

The service framework for developing effective service strategies excludes _________________ .

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A
understanding service products, consumers and markets
B
managing the competitive landscape
C
applying the 4 Ps of marketing to services
D
designing and managing the customer interface
E
developing customer relationships
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Question 11
True/False

Services account for 65% to 80% of the GDP in most developed nations.

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True
False
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Question 12
True/False

The dramatic development of Government policies is the most important force transforming service markets

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True
False
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Question 13
True/False

Services require a form of acquisition through which customers can obtain benefits.

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True
False
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Question 14
True/False

Service production and consumption are always simultaneous

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True
False
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Question 15
True/False

One way of avoiding turning customers away or having them wait is to use, dynamic pricing and reservations.

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True
False
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Question 16
True/False

HR is often seen from a strategic perspective than a staff function

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True
False
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Question 17
True/False

The service-profit chain includes collaboration between marketing, operations, IT and HR

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True
False
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Question 18
True/False

Service distribution can take place through physical channels only

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True
False
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Question 19
True/False

Customers may go beyond the money to assess how much time and effort are involved in service consumption

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True
False
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Question 20
True/False

Despite advances in technology, many services will always need direct interaction between customers and service employees.

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True
False
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