A Pure Service Requires a Capital-Intensive Good, but the Primary

question 153

True/False

A pure service requires a capital-intensive good, but the primary item is a service.

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Definitions:

Control

In management, the process of monitoring activities to ensure they are being accomplished as planned and correcting any significant deviations.

Continuous Improvement

A persistent attempt to better products, services, or processes by achieving gradual and radical enhancements.

Inverted Organizations

Organizations where decision-making authority and power are decentralized to the lower levels of the organizational hierarchy, closer to the customer.

Leaderless Three-Person Teams

Small groups operating without a formal leader, emphasizing collective decision-making and responsibility.