Unlike Physical Products, Services Cannot Be Seen, Tasted, Felt, Heard

question 55

Multiple Choice

Unlike physical products, services cannot be seen, tasted, felt, heard, or smelled before they are bought. This is known as the ________ aspect of services.

• A) inseparability
• B) intangibility
• C) variability
• D) perishability
• E) heterogeneity

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Definitions:

Form 8-K

Form 8-K is a report required by the SEC from publicly traded companies to announce significant events that shareholders should know about, including acquisitions, changes in management, and financial results.

SEC

The U.S. Securities and Exchange Commission, a federal agency overseeing securities transactions, stock markets, and investment practices.

Filing

The process of submitting documents, typically to a government or regulatory body, in accordance with legal requirements or procedures.

SEC

The Securities and Exchange Commission, a U.S. federal agency responsible for regulating the securities industry and protecting investors.