ENTREPRENEURIAL MARKETING
MARKETING MIX
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is least likely to be considered as a potential problem in the marketing of services?
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As economies develop, more service sector businesses emerge.
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It is harder to correct mistakes on the provision of substandard services.
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Service oriented businesses need to ensure that people remain motivated in order deliver a high quality service.
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It is harder to measure productivity in service industries.
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Explanation:
Detailed explanation-1: -The 4 different sectors of the economy are primary sector, secondary sector, tertiary sector and quaternary sector.
Detailed explanation-2: -The 10 largest emerging and developing economies by either nominal or PPP-adjusted GDP are 4 of the 5 BRICS countries (Brazil, Russia, India and China) along with Egypt, Indonesia, Mexico, South Korea, Saudi Arabia, Taiwan and Turkey.
Detailed explanation-3: -The correct answer is Electricity. Tertiary sector also known as service sector is one among the three type of economic sectors in a developed economy, the other two being Primary (extraction of raw materials) and secondary (manufacturing) sectors.
There is 1 question to complete.