Which is NOT true regarding differences between goods and services? Question 20Answer A. Services tend to have a more inconsistent product definition than goods. B. Services are generally produced and consumed simultaneously; tangible goods are not. C. Services tend to be more knowledge-based than goods. D. Goods tend to have higher customer interaction than services. E. Reselling is unusual in services; goods often have some residual value.
Which is NOT true regarding differences between goods and services? Question 20Answer A. Services tend to have a more inconsistent product definition than goods. B. Services are generally produced and consumed simultaneously; tangible goods are not. C. Services tend to be more knowledge-based than goods. D. Goods tend to have higher customer interaction than services. E. Reselling is unusual in services; goods often have some residual value.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
Related questions
Question
Which is NOT true regarding differences between goods and services?
Question 20Answer
A.
Services tend to have a more inconsistent product definition than goods.
B.
Services are generally produced and consumed simultaneously; tangible goods are not.
C.
Services tend to be more knowledge-based than goods.
D.
Goods tend to have higher customer interaction than services.
E.
Reselling is unusual in services; goods often have some residual value.
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