Generally Services Are

question 24

Multiple Choice

Generally services are:

• A) More difficult to standardize than products.
• B) Less difficult to standardize than products.
• C) Equally difficult to standardize as products.
• D) Highly standardized compared with products.
• E) Incapable of being standardized.

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Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter, with a certain level of confidence.

Mean Weekly Salary

The average amount of money earned in a week by a group of employees or population, calculated by summing all salaries and dividing by the number of wage earners.

Female Employees

Refers to workers or staff members who identify as female within a workplace.

Male Employees

Refers to workers or staff members who identify as male within a workplace.