Question 51. __________cost refers to the product’s purchase cost plus the discounted cost of maintenance and repair less the discounted salvage value.
Question 52. Successful service companies focus their attention on both their customers and their employees. They understand ___________, which links service firm profits with employee and customer satisfaction.
Question 53. If a firm is practicing ___________, the firm is training and effectively motivating its customer-contact employees and all of the supporting service people to work as a team to provide customer satisfaction.
Question 58. Standardized and customized flow of activities, simple and complex number of steps and customer involvement by which a service is delivered is called –
Question 59. All human actors who play a part in service delivery and thus influence the buyers perceptions: namely, the firms personnel, the customer and other customers in the service environment.
Question 60. __________ is the environment in which the service is delivered and where the firm and customer interact and any tangible components that facilitates performance or communication of the service.