What Do a Security Guard, a Plumber, and a Management

question 163

Multiple Choice

What do a security guard, a plumber, and a management consultant have in common?

• A) They are all tangible services.
• B) They do not have problems with idle production capacity.
• C) They are all equipment-based services.
• D) They are all people-based services.
• E) They never use off-peak pricing.

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Definitions:

High Blood Sugar

A condition characterized by an excessively high level of glucose in the blood, commonly associated with diabetes.

Excess Drinking

The consumption of alcohol beyond what is considered moderate or socially acceptable, often leading to adverse health and social effects.

Asymmetric Information

Situation in which a buyer and a seller possess different information about a transaction.

Building Contractors

Professionals or companies responsible for overseeing and executing construction projects, from initial planning to completion.