Services Cannot Be Stored,so Their Perishability Can Become a Problem

question 109

True/False

Services cannot be stored,so their perishability can become a problem when demand fluctuates.

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Definitions:

Favorable Qualities

Attributes or traits of an individual, group, or object that are viewed positively or considered beneficial within a certain context.

Intelligence

A person's capacity to acquire knowledge, reason, solve problems, think abstractly, understand complex ideas, learn quickly, and adapt to environmental challenges.

Out-group Homogeneity Bias

The perceptual tendency to overestimate the similarity of individuals within an out-group compared to those within an in-group.

Variability

The degree to which data points in a set differ from each other and from the average of the set.