Which of the Following Is NOT an Example of a Service

question 40

Multiple Choice

Which of the following is NOT an example of a service process?

• A) Service shop
• B) Mass
• C) Jobbing
• D) Professional

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Definitions:

Milton Friedman

An influential American economist known for his advocacy of free markets, limited government, and a pioneering contributor to the fields of economics and statistics.

Social Responsibility

The idea that businesses should balance profit-making activities with activities that benefit society; it involves developing businesses with a positive relationship to the society in which they operate.

Profits

The financial gains obtained after subtracting the costs and expenses from the total revenue generated by a business or investment.

Ethic Of Care

A moral theory emphasizing the importance of interpersonal relationships and compassion in ethical decision-making.