D. Management Concepts Flashcards

1
Q

Management concepts are philosophies about how an organization views its ____, and the delivery of _____ or _____.

A

Customers, products, services

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2
Q

The 4 characteristics of Service Marketing include:

A

Intangibility, Perishability, Heterogenicity, and Inseparability

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3
Q

Unable to be touched or grasped; not having a physical presence (Services are mostly _______).

A

Intangible

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4
Q

Cannot be saved, stored, reused

A

Perishable

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5
Q

Uniqueness of service offered

A

Heterogenicity

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6
Q

Difficulty in separating service from service provider

A

Inseparability

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7
Q

The degree to which we achieve our objectives

A

Effectiveness

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8
Q

The minimization of resources expended to achieve the objectives

A

Efficiency

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