Question

In the service industry, one drawback to using revenue-oriented pricing is that determining costs is difficult...

  1. In the service industry, one drawback to using revenue-oriented pricing is that determining costs is difficult for many services

    True

    False

  2. Membership services naturally lend themselves to relationship marketing.

    True

    False

  3. Given the United States' current balance of trade, if more U.S. firms that export their goods, the country’s balance of trade will improve.

    True

    False

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Answer #1

1)false as here the main focus is on revenue and we do not concentrate on costs so it is difficult to determine the costs
2)True as the customers will keep on visiting us and this increases the relationships
3)True as presently US is facing trade deficit as imports is more in number than exports

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