Which of the Following Is True of Services

question 65

Multiple Choice

Which of the following is true of services?

• A)They include intangible products like medical care.
• B)They include manufacturing high-quality goods.
• C)They focus on establishing short-term relationships.
• D)Jobs based on services have been declining in recent years.
• E)Insurance and haircuts are examples of tangible products.

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Definitions:

Voting Shares

Shares that give the holder the right to vote on matters of corporate policy and the composition of the board of directors.

Business Combination

A transaction or other event in which an acquirer gains control over one or more businesses, which can include mergers, acquisitions, consolidations, and more.

Transaction Costs

Expenses incurred when buying or selling goods, services, or financial assets, including fees, commissions, and other charges.

Issuing Shares

The process by which a company distributes new shares of stock to investors, thereby raising capital.