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Using the information in Exhibit 7.7 in the picture below this box, service Tech

ID: 469971 • Letter: U

Question

Using the information in Exhibit 7.7 in the picture below this box,

service Technology

intangible output

product and consumption take place simultaneously

labor-and knowledge-intensive

customer interaction generally high

human element very important

quality is perceived and difficult to measure

rapid response time usually necessary

site of facility is extremely important

manufactoring technology

tangible product

products can be inventoried for later consumption

capital asset-intensive

little direct customer interaction

human element may be less import

quality is directly measured

longer response time is acceptable

site of facility is moderately important

service

airline

hotels

consultant

health care

law firm

product and service

fast-food outlet

cosmetics

real estate

stockbroker

retail stores

product

soft drink

steel companies

automobile manufacturers

mining corporations

food processing plants

you are to use two companies of your choosing (one service based, the other a manufacturer), and compare them using 4 factors listed under service technology and manufactoring technology. It may be easier to complete the assignment using a table

service Technology

intangible output

product and consumption take place simultaneously

labor-and knowledge-intensive

customer interaction generally high

human element very important

quality is perceived and difficult to measure

rapid response time usually necessary

site of facility is extremely important

manufactoring technology

tangible product

products can be inventoried for later consumption

capital asset-intensive

little direct customer interaction

human element may be less import

quality is directly measured

longer response time is acceptable

site of facility is moderately important

service

airline

hotels

consultant

health care

law firm

product and service

fast-food outlet

cosmetics

real estate

stockbroker

retail stores

product

soft drink

steel companies

automobile manufacturers

mining corporations

food processing plants

Explanation / Answer

Factors

Multi-Specialty Hospital

FMCG company

1

It offer healthcare services of different nature. It is offered on an appointment basis. But, services of doctors and health care specialist cannot be stored.

Company offers malted food that can be stored as inventories due to its tangible nature.

2

Hospital owns a long list of qualified doctors, surgeons and other specialist. It is the human resource of the hospital that attracts patients even from abroad.

It is the technology and machine system that defines the quality and shelf life of the product.

3

Quality is perceived as healthcare offered by any specialist can also deliver not so desired results due to poor conditions of the patient. Delayed diagnosis due to complexity of the issue can also affect the results.

Quality of product can be easily determined because products can be tested and compared against the sent benchmark.

4

Here, response time is rapid become it is person oriented.

Response time is high because accommodation of change takes time. Also, it is a costly process.

Factors

Multi-Specialty Hospital

FMCG company

1

It offer healthcare services of different nature. It is offered on an appointment basis. But, services of doctors and health care specialist cannot be stored.

Company offers malted food that can be stored as inventories due to its tangible nature.

2

Hospital owns a long list of qualified doctors, surgeons and other specialist. It is the human resource of the hospital that attracts patients even from abroad.

It is the technology and machine system that defines the quality and shelf life of the product.

3

Quality is perceived as healthcare offered by any specialist can also deliver not so desired results due to poor conditions of the patient. Delayed diagnosis due to complexity of the issue can also affect the results.

Quality of product can be easily determined because products can be tested and compared against the sent benchmark.

4

Here, response time is rapid become it is person oriented.

Response time is high because accommodation of change takes time. Also, it is a costly process.