A Pure Service Organization Has

question 28

Multiple Choice

A pure service organization has

• A)no raw materials, no inventories, and a definite separation between the plant and the customer.
• B)raw materials, tangible items, and no separation between the plant and the customer.
• C)no raw materials, no tangible items, and no separation between the plant and the customer.
• D)none of these.

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Definitions:

Lean Business Model

A strategy focused on creating value for customers with minimal waste and resources, emphasizing flexibility and efficiency.

Multi-Dimensional Performance

An approach to evaluation that considers various aspects of performance, such as efficiency, effectiveness, and quality, across different domains or dimensions.

Just In Time

An inventory management strategy where materials and goods are produced or acquired only as needed for immediate use.

Lean Business Model

A strategy focusing on creating more value for customers with fewer resources by minimizing waste and optimizing processes.