Which of the following statements is true about the service industry?
A) The service industry provides no scope for developing niche strategies.
B) The service sector is dominated by large companies that prevent small businesses from entering the industry.
C) The service industry provides low returns on the time invested.
D) Service businesses require more resources than any other industry.
E) Service businesses are the fastest-growing segment of small-business enterprise.
Correct Answer:
Verified
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