Why Do Service Firms Not Have Inventory Costs Pertaining to Items

question 223

Essay

Why do service firms not have inventory costs pertaining to items to be sold? What type of costs do they have?

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Definitions:

Remember Past Events

The cognitive process of recalling information or experiences that occurred in the past.

1-And 2-Year-Olds

Describes young children in a developmental stage where they experience rapid growth in physical, cognitive, and emotional abilities.

Earliest Memories

The first events or experiences that a person can recall from early childhood.

Dexterity

Skill in performing tasks, especially with the hands, demonstrating fine motor skills and coordination.