An Example of a Tangible Product, Rather Than a Service

question 45

Multiple Choice

An example of a tangible product, rather than a service, would be

• A)housekeeping.
• B)insurance coverage.
• C)paper.
• D)medical exam.

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Definitions:

Equal Opportunity

The principle of treating all individuals the same, without discrimination based on race, gender, sexuality, religion, or other personal characteristics.

Employers

Individuals or entities that hire others to perform services or jobs in exchange for compensation.

Welfare Capitalism

An economic system that combines a predominantly market-based economy with extensive social welfare programs.

Unionization

The process by which workers form or join a union to collectively negotiate with their employer regarding wages, working conditions, and other employment terms.