Practice mode Markets, Efficiency And The Public Interest

What is any activity or benefit offered for sale that is essentially intangible and does not lead to ownership of anything?

Correct answer D. Service

Explanation

Kotler defines a service as an intangible activity or benefit, such as banking or hotel stays, that one party offers another without transferring ownership.

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What is any activity or benefit offered for sale that is essentially intangible and does not lead to ownership of anything?

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What is any activity or benefit offered for sale that is essentially intangible and does not lead to ownership of anything?

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