Which of the Following Statements Best Describes a Good

question 206

Multiple Choice

Which of the following statements best describes a good?

• A) Goods are physical objects.
• B) Goods are intangible items.
• C) Goods are intangible concepts and thoughts about ideas or causes.
• D) Goods are the benefits organizations receive for selling products and services.
• E) Goods are intangible concepts and thoughts about products or services.

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Definitions:

Microorganisms

Tiny, living organisms, often microscopic, that include bacteria, viruses, fungi, and protozoa, sometimes beneficial and sometimes harmful to humans, animals, and the environment.

FDA

FDA stands for the Food and Drug Administration, a federal agency of the United States responsible for protecting public health by ensuring the safety, efficacy, and security of human and veterinary drugs, biological products, and medical devices.

OSHA

The Occupational Safety and Health Administration, a U.S. federal agency that sets and enforces standards to ensure workplace safety and health.

Health Care Results

Outcomes or consequences of medical treatment and interventions, often measured to assess the effectiveness of healthcare services.