The cost of installations for business services is generally high because they tend to be part of a company's capital investment strategy.
Required:
Which of the following statements is true of installations?
A)Installations require a very long distribution channel.
B)Installations are the least significant business products.
C)The quality of the product is less of an issue for company executives.
D)Companies promote the sale of installations via extensive advertising campaigns.
E)Company executives spend a lot of time planning before they purchase installations.

Question

The cost of installations for business services is generally high because they tend to be part of a company's capital investment strategy. ​
Required:
Which of the following statements is true of installations?
A)Installations require a very long distribution channel.
B)​Installations are the least significant business products.
C)The quality of the product is less of an issue for company executives.
D)​Companies promote the sale of installations via extensive advertising campaigns.
E)​Company executives spend a lot of time planning before they purchase installations.

Quizplus · Accepted Answer

The statement mentions that installations are part of a company's capital investment strategy, which suggests that company executives spend a lot of time planning before they purchase installations. This makes option E the correct choice. Option A is incorrect because the statement does not indicate that installations require a long distribution channel. Option B is incorrect because the statement mentions that installations are a significant capital investment for businesses. Option C is incorrect because the statement does not provide any information about the quality of the product being a concern. Option D is incorrect because the statement does not suggest that companies promote installations via extensive advertising campaigns.

The Cost of Installations for Business Services Is Generally High