Services Can Be

question 5

Multiple Choice

Services can be

• A) produced and consumed simultaneously.
• B) easier to price than goods.
• C) inventoried.
• D) manufactured.

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Definitions:

Self-efficacy

An individual's belief in their own ability to execute behaviors or accomplish tasks necessary to achieve specific goals.

Left-brained

Pertaining to traits associated with the left hemisphere of the brain, including analytical thinking, logic, and detailed analysis.

Right-brained

Referring to someone who is believed to be more creative, intuitive, and subjective, based on the theory of right-brain or left-brain dominance.

Habit Loop

A psychological pattern that involves a cue, a routine, and a reward, which helps to form habits.