With Regards to Products, Perishability Can Be Defined as

question 38

Multiple Choice

With regards to products, perishability can be defined as

• A)buyers of products who can not see, feel, hear or taste the product before it is bought.
• B)services that cannot be stored.
• C)buyers and sellers who must be in direct contact for the sale to take place.
• D)buyers of the product who do not need direct contact with the manufacturer of the product.

---

Definitions:

Effect Size

A quantitative measure of the magnitude of a phenomenon, used to indicate the size of an effect or difference.

Sample

A subset of individuals from a larger population used to conduct research or test theories.

Correlation Coefficient

A statistical measure that indicates the extent to which two or more variables fluctuate together. A higher absolute value suggests a stronger relationship.

Restriction Of Range

A problem when scores on a variable are limited to a small subset of their possible values; this makes it more difficult to identify relationships of the variable to other variables of interest.