Which of the Following Statements Is True of Goods

question 32

Multiple Choice

Which of the following statements is true of goods

• A) Goods-producing industries rely on machines and hard technology to perform work.
• B) Goods-producing employees require stronger behavioral skills than physical skills.
• C) The demand for goods is more difficult to predict than the demand for services.
• D) Durable goods are those that are no longer useful once they are used.

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Definitions:

Personal Communication

Direct exchange of information or messages between two or more individuals through verbal or non-verbal means.

Mutually Beneficial

A situation or agreement that provides advantages to all parties involved.

Promotional Allowances

Financial incentives provided to retailers or distributors to support the marketing and sales of a product.

Marketing Mix

The combination of factors that can be controlled by a company to influence consumers to purchase its products, typically summarized as product, price, place, and promotion.