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How perishability as a characteristic of service can affect a company?
Perishability in services means that they cannot be stored or inventoried, leading to challenges in managing supply and demand. For companies, this can result in lost revenue during periods of low demand, as unsold service capacity cannot be recovered. Additionally, it necessitates careful planning and forecasting to optimize resource allocation, requiring strategies like dynamic pricing or promotions to manage fluctuations effectively. Overall, perishability compels companies to innovate in their service delivery and marketing approaches to maximize utilization.
Example of perishability?
Airline serviecs
How the external environment affects the operations of the companies?
unwdknwdkendk,
What are the characteristics of products and services?
Product / ServiceTangible / IntangibleSeperatable / InseperatableHomogeneous / HeterogeneityStore / Perishability
What are the salient features of financial services?
intangibility inseparable heterogeneity perishability fiduciary responsibility
What is the definition of perishability variability inseparability and intangibility in service characteristic?
Perishability is relating to the fact that services can not be stored. They must be consumed when offered, they can not be held or stocked. Variability is when the quality of services varies due to who provides them. Also where, when and how they are provided. Inseparability is when services can not be separated from there providers. Intangibility is when services can not be seen, tasted, heard, smelt or felt. Services are performed not produced.
What is the classification of foods based on perishability?
Foods can be classified into three main categories based on perishability: non-perishable foods (e.g. dried beans, grains), semi-perishable foods (e.g. fresh produce, bread), and perishable foods (e.g. dairy products, meats). Perishable foods are the most vulnerable to spoilage and require proper storage and handling to prevent foodborne illness.
How does electronic commerce e-commerce affect you as a consumer and how do you think e-commerce affects the way companies do business?
because it just does
What are the characteristics of the lodging industry?
1.focus on safety,cleanliness and service 2.inseparability of manufacture and sales 3.perishability 4.repititiveness 5.labor intensive ;)
Why strategic plan for education should be dynamic?
Strategic plan of education should be dynamic due to following reasons- # To break the scheduled blockage # Society is dynamic # Perishability # Diversity
How do pilferage affects the consumers?
Pilferage affects consumers by raising prices to cover the companies losses, and any extra insurance they must purchase to protect their company. i believe it also affects the way stores allow acces to certain items therefor locking up many items and causing inconvienence to consumers wishing to purchae=se these items.
How much is mustang insurance?
They say that they're insuring the car, but it is more the owner/driver that affects the premium. I recommend you this site where you can compare quotes from different companies: mycheapinsurance.net
