Bhavin Is Looking to Purchase a Security System for His

question 42

Multiple Choice

Bhavin is looking to purchase a security system for his condominium. He lives downtown, and although he feels relatively safe there have been a few break-ins recently. He chooses Safe-n-Secure because they will install motion detectors and cameras outside, place sensors on each window, and monitor his system 24 hours a day. Bhavin finds value with Safe-n-Secure because they offer which of the following?

• A) a good
• B) a service
• C) a good and a service
• D) neither a good nor a service

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Definitions:

Mutually Exclusive

Events or choices that cannot occur or be chosen at the same time, necessitating an either/or selection.

Financial Viability

The ability of an entity to generate sufficient income to meet operating payments, debt commitments, and, where applicable, to allow for growth, while maintaining a solid financial position.

Precludes

Prevents from happening; makes impossible.

Conflicting Investment

Investments that present opposing outcomes or decisions in a portfolio, often leading to a prioritization decision for optimal allocation.