Which of the Following Is Considered a Service

question 171

Multiple Choice

Which of the following is considered a service?

• A) Cars
• B) Groceries
• C) Cutting hair
• D) All of these

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Definitions:

Supply Chains

The sequence of processes involved in the production and distribution of a commodity, from the sourcing of raw materials to the delivery of the final product to the consumer.

Material

Refers to physical substances from which objects are made, often characterized by their durability, flexibility, and other physical properties.

Information

Processed data that is meaningful and useful for decision-making.

Financial Flows

The movement of money between entities, businesses, or within the financial markets.