Question: Which is not true regarding the differences between goods and services? Answer Services tend to have a more inconsistent product definition than goods. Most goods

Which is not true regarding the differences between goods and services?
Answer
Services tend to have a more inconsistent product definition than goods.
Most goods are common to many customers; services are often unique to the final customer.
Tangible goods are generally produced and consumed simultaneously; services are not.

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:

This is a case paper on jet blue airlines. You will be writing this paper as a hired marketing consultant of Jet blue. Chapter 2 - The Gaps Model of Service SERVICE QUALITY The quality of a service...

Q:

Resume about "Competitiveness of the EU Agri-Food Sector on the US Market: Worth Reviving Transatlantic Trade?" article. No max word count, APA Research Paper Content Competitiveness of the EU...

Q:

1 Running Header: TECHNOLOGICAL CHANGES Technological Changes POL2000 - Globalization Introduction It is simply amazing how technology has reshaped the way we live, think, and work in the world...

Q:

What are the facts in this case? The facts are the story of what happened (who, what, where, when) before the lawsuit. What is the problem that the parties can't resolve on their own? Use the opinion...

Q:

The discussion will focus on management decision-making and control in two companies, American corporation Amazon.com, Inc. and Chinese company Alibaba Group Holding Limited. Decision-making and...

Q:

MKT500 Week 8 Discussion Board 8 attached are the questions, scenario, and supportive reading materials. MKT500 DB 8 "The Importance of Social Media and Web Analytics" 1.) From the scenario,...

Q:

Go to www.nucor.com. At the top of the frame you will see the heading Our Story. Then click on Chapter 1 Corporate Overview and read the information under this tab and then click on Chapter 2 History...

Q:

512 CHAPTER 16 Organizational Culture Like every major CEO, Burns is a millionaire. Yet she still shops for groceries. She drives herself to work. She cleans her own house. \"Where you are is not who...

Q:

Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as...

Q:

Each separate response must have approximately 200 words. Assignments vary widely; however, essays should be written in APA style, with in-text citations and a separate reference listing as...

Q:

For a class of 100 students, the teacher takes the 10 students who performed poorest on the midterm exam and enrolls them in a special tutoring program. Both the midterm and final have a class mean...

Q:

Which of these biomes has the least annual precipitation? Select one: O a. Tundra b. Chaparral Oc. Savanna Od. Coniferous forest

Q:

when a corporation goes to the stock market and buys back the corporation's stock, the stock becomes treasury stock. Which of the following statement is true regarding treasury stock? Group of answer...

Q:

Stones Limited crushes limestone at its plant in Mokopane in the Limpopo Province. The entity is listed on the JSE Limited and has a 31 December year end. The primary crusher machine was purchased on...