Service Firms Do Not Sell Any Products but Generate Revenues

question 49

True/False

Service firms do not sell any products but generate revenues by offering one or more types of services.

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Definitions:

Deployed

Refers to the act of distributing or stationing something systematically or strategically.

5G

The fifth generation of wireless technology, offering faster speeds, lower latency, and the ability to connect more devices simultaneously.

2020

The year 2020, notable for global events such as the COVID-19 pandemic.

4G

The fourth generation of broadband cellular network technology, providing mobile ultra-broadband Internet access.