Which of the Following Statements Best Describes a Service

question 59

Multiple Choice

Which of the following statements best describes a service?

• A)Services are physical objects.
• B)Services are intangible items.
• C)Services are thoughts about concepts,actions,or causes.
• D)Services are the benefits organizations receive in exchange for selling products.
• E)Services comprise the subset of tangible features of products.

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Definitions:

Arbitrator

The third party in the arbitration procedure whose job is to settle the dispute.

Demands

Requests or claims, typically forceful, for something considered due or legally owed.

Binding Decision

A decision, ruling, or judgment that is final and enforceable by law, requiring the parties involved to comply.

Discovery

A pre-trial procedure in a lawsuit where each party can obtain evidence from the other party or parties by means of discovery devices such as interrogatories, depositions, requests for production of documents.