Define utilization and give a service process example of it

What will be an ideal response?

Utilization is expressed as a percent and is the degree to which equipment, space, or labor is currently being used. Examples will vary.

Business

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A marketing research firm has instructed its research associates to collect primary data by stopping people at a shopping mall or busy street corner and request an interview on the spot. What are the drawbacks of using this method?

What will be an ideal response?

Business

Focal firms often configure value-adding activities in order to ________

A) reduce marketing costs B) take advantage of blocs C) decrease delivery time D) avoid exchange rate issues

Business