Services Differ from Tangible Products on Three Dimension: Intangibility, Perishability

question 51

True/False

Services differ from tangible products on three dimension: intangibility, perishability, and inseparability.

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Definitions:

False Cause

A logical fallacy where a cause-and-effect relationship is wrongly assumed between two events because they happen sequentially.

Deterministic

A system or process characterized by a predetermined sequence of events or outcomes, without any random variation.

Correlational

Correlational refers to a statistical relationship between two variables, indicating how one may predict or be associated with changes in another.

Random

Lacking any definite plan or order or purpose; governed by or depending on chance.