GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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are the products offered by businesses
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are companies that offer business to consumers
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are physical, tangible items that can be seen and touched
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the actions that are done by businesses for consumers
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Detailed explanation-1: -A business service refers to activities that benefit a company without supplying tangible products. These services may comprise marketing, event planning, training, waste management and other types of non-tangible services that benefit the company.
Detailed explanation-2: -B2C businesses sell goods and services directly to consumers. A consumer is an end user who buys a product or service for personal use. Though many businesses sell their own products, this is not a requirement for the B2C model; many B2C companies resell other businesses’ products.
Detailed explanation-3: -Various examples of consumer service are around you. They include services provided by hotel companies, personal insurance, rail travel, education, health care, recreation, catering, tourism, finance, entertainment, and home maintenance. We distinguish it from consumer goods, other parts of consumer products.
Detailed explanation-4: -Customer service is the support you offer your customers-both before and after they buy and use your products or services-that helps them have an easy and enjoyable experience with you. Offering amazing customer service is important if you want to retain customers and grow your business.