A ________ Is Something That Takes on a Physical Form

question 20

Multiple Choice

A ________ is something that takes on a physical form, such as a smartphone or a laptop computer. A ________ is an activity or benefit that is intangible, such as an airplane trip or advice from an accountant.

• A) product; service
• B) service; component
• C) component; service
• D) formation; service
• E) service; product

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Definitions:

Expert Opinion

Advice or evaluation from someone recognized as an authority in a specific field, often used as a credible source of information.

Future

An undefined time period that has yet to occur, encompassing all events and possibilities that are to come.

Contingency Planning

The process of preparing strategies to deal with unexpected situations that may disrupt operations or cause harm to the organization.

Major Issues

Significant problems or challenges that require attention and resolution.