Match the following characteristics to operations for goods and services. Goods Tangible Possible answers Product can be kept in inventory Many aspects of quality are easy to evaluate Produced and consumed simultaneously Limited customer involvement in production Services High customer interaction Intangible Unique products Standardized products Quality may be hard to evaluate

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Match the following characteristics to operations for goods and services.
Goods
Tangible
Possible answers
⠀⠀ Product can be kept in inventory ⠀⠀ Limited customer involvement in production
Many aspects of quality are easy to evaluate
⠀⠀ Produced and consumed simultaneously
Services
High customer interaction
Intangible
Unique products
Standardized products
Quality may be hard to evaluate
Transcribed Image Text:Match the following characteristics to operations for goods and services. Goods Tangible Possible answers ⠀⠀ Product can be kept in inventory ⠀⠀ Limited customer involvement in production Many aspects of quality are easy to evaluate ⠀⠀ Produced and consumed simultaneously Services High customer interaction Intangible Unique products Standardized products Quality may be hard to evaluate
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