Chapter 12 Flashcards

(4 cards)

1
Q

4 Differences between products and services

A

Intangibility
Inconsistency
Inseparability
Inventory

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2
Q

2 Reasons services are inseparable

A
  • Service Production and Consumption are inseparable

- Service and person giving service are inseparable

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3
Q

Define Idle Production Capacity

A

inventory cost of service = cost of paying person used to provide service when there is no demand

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4
Q

What are the 8 Ps of Service Marketing

A
Product (Service)
Price
Place (Distribution)
Promotion 
People
Physical Evidence
Process
Productivity
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