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Management · Q177

Marketing

Graduate and Post Graduate · Management · question 177

Q177

A ____________ is a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.

A.
Service
Answer
B.
Demand
C.
Need
D.
Physical object

Answer: Option A

Solution

Answer: Option A
Solution:
A Service is a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything. Service marketing is marketing based on relationship and value. It may be used to market a service or a product.