In Terms of Uniformity,which of the Following Is a Difference

question 94

Multiple Choice

In terms of uniformity,which of the following is a difference between services and goods?

• A)Owing to customer non-participation,services are often linear,while goods are non-linear.
• B)Services often involve a short-term,impersonal relationship between buyer and seller,while goods often involve a personal,long-term relationship.
• C)Because of high involvement on the part of a buyer,services tend to be unique,with the quality likely to vary,while the quality and variance from standards of goods can be corrected before purchase.
• D)Services can be inventoried uniformly,while goods face stockouts due to their heterogeneous nature.

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Definitions:

Division Profits

The earnings attributive to a specific division or branch of a larger company, often used to assess the performance of that segment.

Profit Centers

Profit centers are segments, branches, or divisions of a company that are treated as a separate business, responsible for generating their own revenues and profits.

Corporate Headquarters

The main office or center of operations for a business where significant managerial and administrative work is conducted.

Company-wide Profits

The total earnings of a company after all expenses have been subtracted from revenues, reflecting the overall financial success across all departments.