Question 1 Identify a difference between goods and services. 2 pts Goods can be stored as physical inventory, whereas services cannot be stored as physical inventory. O Goods-producing firms rely solely on soft technology, whereas service-providing firms rely solely on hard technology. The demand for goods cannot be predicted, whereas the demand for services can be easily predicted. Customers directly participate in goods-producing activities, whereas customers do not participate in service-providing activities.

Identify a difference between goods and services. Goods can be stored as physical inventory, whereas services cannot be stored as physical inventory. Goods-producing firms rely solely on soft technology, whereas service-providing firms rely solely on hard technology. The demand for goods cannot be predicted, whereas the demand for services can be easily predicted. Customers directly participate in goods-producing activities, whereas customers do not participate in service-providing activities