Which of the Following Explains the Reason Why the Quality

question 10

Multiple Choice

Which of the following explains the reason why the quality of services can vary more than the quality of goods?

• A)Unlike that of products,producers of services have procedures to prevent,identify,and correct defects.
• B)Most services are human performances and are often customized to the needs of a buyer.
• C)Producers of goods typically customize products to the needs of a buyer.
• D)Unlike services,customers are more likely to purchase defective products.

Understand the influence of historical and contemporary factors on racial and ethnic dynamics.

Understand various research methods used in psychology.

Recognize the importance of critical thinking in psychological research.

Understand the role of observation in psychological research.

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Definitions:

Noncontrolling Interest

An ownership interest in a subsidiary that is not large enough to control the company's operations, often represented as a separate component of equity in the consolidated financial statements.

Acquisition-Date Fair Value

The market value of an asset or liability at the exact date an acquisition is completed, used for accounting purposes.

Noncontrolling Interest

The portion of equity in a subsidiary not attributable, directly or indirectly, to a parent company.

Net Income

A company's final profit after total revenue has had taxes, costs, and other expenses removed.