Services Are

question 108

Multiple Choice

Services are

• A)the tangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value.
• B)the intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange for money or something else of value.
• C)the activities provided to complement a tangible good,such as technical support for a computer.
• D)any activity required for the production of a good that cannot be completed "in-house" and must be outsourced to another firm.
• E)the human (nonmechanical)component that is part of the manufacturing process.

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Definitions:

Idle Capacity

The unused portion of a company’s productive capacity, such as machinery or labor, that could be used for production but currently isn't.

Special Project

A temporary endeavor with a specific goal and timeline, which may require resources outside of the company's normal work scope.

Relevant Cost

Expenses that are directly tied to a specific business decision, which may affect the outcome of that decision.

Discounted Price

The reduced price of an item after applying a discount, which lowers the selling price from its original level.