Service Organizations Display the Following Characteristics, Except That

question 24

Multiple Choice

Service organizations display the following characteristics, except that:

• A)They create more jobs than do manufacturers.
• B)They employ more people than do manufacturing concerns.
• C)They carry larger inventories than do manufacturing concerns.
• D)They account for more than half of all goods and services produced.

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Definitions:

Semantics

The branch of linguistics and logic concerned with meaning, including the relationships between words and phrases and what they represent in reality, and the rules governing these relationships.

Comprehensives

Broad educational schools in the UK that do not select students based on academic achievement or aptitude, aiming to provide a comprehensive education for all.

Affluent Families

Households with significant wealth and resources, impacting their lifestyle and opportunities.

Socioeconomic Status

A combined measure that typically includes an individual’s economic, social, and work status, reflected by income, education, and occupation.