BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -The service sector is the largest sector of the economy in developed nations. The rapid growth of service-related industries has been fueled by increases in knowledge and data, and rapid technological advances – especially, improvements in communication.
Detailed explanation-2: -In the US, the service industry is the fastest-growing sector. A report by the US Bureau of Labor Statistics has projected that every year, more than 300, 000 new jobs will be created in this sector with an average growth rate of 20% until the end of 2022.
Detailed explanation-3: -Repeat business is not a reliable measure of service quality. When developing a service to be provided, service marketers must recognize that the services must be defined in terms of physical attributes. Publicity and word-of-mouth are generally unimportant promotional tools for service businesses.
Detailed explanation-4: -What is true about the effect of relevant keywords on online search results? Relevant keywords improve the organic ranking of a page or site.
Detailed explanation-5: -“Fishing” may include catching aquatic animals other than fish, such as molluscs, cephalopods, crustaceans, and echinoderms. Therefore we can state that fishing is not service sector.