Which Is Not True Regarding Differences Between Goods and Services

question 113

Multiple Choice

Which is not true regarding differences between goods and services?

• A) Services are generally produced and consumed simultaneously; tangible goods are not.
• B) Services tend to be more knowledge-based than goods.
• C) Services tend to have a more inconsistent product definition than goods.
• D) Goods tend to have higher customer interaction than services.
• E) None of the above are true.

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Definitions:

Cognitive Psychologist

A psychologist who studies mental processes such as memory, perception, thought, and problem-solving.

Problem Solving

The process of identifying a challenge or obstacle and finding a resolution or way to overcome it.

Unconscious Emotional Conflicts

Internal struggles often stemming from childhood that influence behavior and emotions without one's conscious awareness.

Hormones

Chemical messengers produced by glands in the body that regulate the activity of cells or organs.