Marketing excellence with services requires excellence in three broad areas. List and explain the three areas
What will be an ideal response?
The three areas in which services require excellence are:
a. External marketing: This describes the normal work of preparing, pricing, distributing, and promoting the service to customers.
b. Internal marketing: This describes training and motivating employees to serve customers well.
c. Interactive marketing: This describes the employees' skill in serving the client. Clients judge service not only by its technical quality but also by its functional quality.
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The ________ is based on values, principles and core practices
A) fragile approach B) open source approach C) closed source approach D) agile approach
The cost of an asset is $6,000 . Salvage value is $200 . Estimated useful life is 10 years. The amount of depreciation using the straight-line method is
a. $6,000; b. $5,800; c. $600; d. $580; e. $200