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Marketing Chapter 11

Vocabulary

AB
bundlingthe practice of combining several related services for one price
discretionary incomethe amount of income left after paying basic living expenses and taxes
endorsementan advertisement in which a satisfied user publicly expresses approval of a product or service
heterogeneousdifferences between services
inseparablethe service is produced and consumed at the same time
intangibleincapable of being touched, seen, tasted, heard, or felt
labor intensivenessthe amount of human effort required
perishableincapable of being stored for use at a future time
servicean activity that is intangible, exchanged directly from producer to consumer, and consumed at the time of production
service qualitythe degree to which the service meets customers' needs and expectations


Computer Applications, Business Communications, Marketing, and Personal Finance Teacher
South Windsor High School
South Windsor, CT

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