Because Little or No Inventory Is Carried in a Service

question 62

True/False

Because little or no inventory is carried in a service operation, it is easy to separate the operations management functions from marketing in services.

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Definitions:

Electronic Devices

Equipment that uses the principles of electronics to function, including smartphones, computers, and televisions.

Toxic Waste

Hazardous materials requiring careful disposal to protect human health and the environment.

Social Dumping

A practice where businesses move operations to countries with lower labor standards or wages to reduce costs, often criticized for exploiting workers and undermining labor rights.

Subsidies

Financial support extended to an organization, industry, or individual by a government to promote desirable activities or reduce costs.