Question: The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical

The main difference between service products and physical goods is that services __________blank, whereas physical products __________blank.
Multiple Choice
can be marked up; cannot be marked up due to a high degree of direct competition
cannot be marked up; can be marked up according to demand
require highly skilled workers; require minimal skill due to the use of machinery
are rarely marketed; require a high degree of marketing and promotion
cannot be inventoried; can be stored in inventory

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 30 37 38 39 40 41 42 43 44 45 40 47 48 49 50 51 52 53 54 55 1 In the last 10 years, Victoria has worked for Alberta...

Q:

The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical products _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice can be marked up;...

Q:

The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical products _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice are rarely marketed;...

Q:

The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical products _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice cannot be marked up;...

Q:

The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical products _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice cannot be inventoried;...

Q:

The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical products _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice are rarely marketed;...

Q:

The main difference between service products and physical goods is that services _ _ _ _ _ _ _ _ _ _ blank, whereas physical products _ _ _ _ _ _ _ _ _ _ blank. Multiple Choice are rarely marketed;...

Q:

The main difference between service products and physical goods is that services whereas physical products are rarely marketed; require a high degree of marketing and promotion cannot be marked up;...

Q:

The main difference between service products and physical goods is that services , whereas physical products Multiple Choice

Q:

The main difference between service products and physical goods is that services whereas physical products are rarely marketed; require a high degree of marketing and promotion cannot be marked up;...

Q:

The main difference between service products and physical goods is that services , whereas physical products cannot be inventoried; can be stored in inventory cannot be marked up; can be marked up...

Q:

Explain the definition of Economics.

Q:

How did the financial crisis affect the performance of securities firms and investment banks?

Q:

Kim purchased 5 0 0 shares in Prompt Messenger Services for $ 1 2 , 0 0 0 on November 2 1 , 2 0 2 3 . The company went bankrupt on June 1 2 , 2 0 2 4 , with no hope of recovery for the shareholders....

Q:

Inventory records for Herb's Chemicals revealed the following: March 1, 2021, inventory: 1,950 gallons @ $9.10 per gallon = $17,745 Purchases: Sales: Mar. 10 790 gals @ $ 9.15 Mar. 5 590 gals Mar. 16...