A business is extending its operating hours to accommodate its customers. Which is a business cost associated with this service?

Increased customer satisfaction

Which is a benefit to businesses of offering customized services to their customers?

Businesses charge higher prices for customized services, which can lead to higher profit margins.

Businesses save time by offering customized services to their customers.

Customized services are also considered to be standardized services.

By customizing their services, businesses deliver more consistent products to their customers.

Enhance customer satisfaction levels

Increase the number of products possible returned by customers

Offend the existing competitors of the business

Stabilize variable interest rates

Quiz

Chad Collins 4 questions

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1A business is extending its operating hours to accommodate its customers. Which is a business cost associated with this service?
1. AHigher payroll expenses
2. BIncreased sales volume
3. CHigher profit margins
4. DIncreased customer satisfaction
2Which is a benefit to businesses of offering customized services to their customers?
1. ABusinesses charge higher prices for customized services, which can lead to higher profit margins.
2. BBusinesses save time by offering customized services to their customers.
3. CCustomized services are also considered to be standardized services.
4. DBy customizing their services, businesses deliver more consistent products to their customers.
3When a business offers a service that saves time for a customer, which is a benefit to the customer?
1. APrice
2. BConvenience
3. CConsistency
4. DQuantity
4When considering the services to offer customers, a business should determine if a specific service would accomplish which goal?
1. AEnhance customer satisfaction levels
2. BIncrease the number of products possible returned by customers
3. COffend the existing competitors of the business
4. DStabilize variable interest rates