_____ Refers to the Fact That Services Are Perishable and Cannot

question 6

Multiple Choice

_____ refers to the fact that services are perishable and cannot be stored in inventory.

• A) Boundarylessness
• B) Tangible output
• C) Intangible output
• D) Flexible operations
• E) Centralization

---

Definitions:

Subjective Probability

An individual's personal and subjective assessment of the likelihood of an event occurring, based on their own knowledge and judgment rather than on statistical analysis.

Personal Judgment

Personal Judgment involves making decisions or forming opinions based on individual assessment and intuition, rather than solely on data.

Theoretical Arguments

Reasoning based on hypothetical constructs and principles, often used to explain or predict phenomena beyond empirical observations.

Experimental Data

Data obtained through deliberate manipulation and observation of variables in controlled conditions to study the effects of interventions or treatments.