Which Is Not True Regarding Differences Between Goods and Services

question 31

Multiple Choice

Which is not true regarding differences between goods and services?

• A) Tangible goods are generally produced and consumed simultaneously; services are not.
• B) Most goods are common to many customers; services are often unique to the final customer.
• C) Services tend to have a more inconsistent product definition than goods.
• D) Services tend to have higher customer interaction than goods.
• E) Goods can be inventoried; services are not easily inventoried.

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Definitions:

Public Speaking

The act of performing a speech to a live audience in a structured, deliberate manner intended to inform, influence, or entertain.

Panic Attack

A sudden episode of intense fear or discomfort, accompanied by physical and psychological symptoms.

Panic Disorder

A mental health condition that is characterized by sudden and repeated attacks of intense fear that may include physical symptoms like chest pain, heart palpitations, dizziness, or abdominal distress.

Heritability

The proportion of variation among individuals that we can attribute to genes.