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Question 11 PLEASE PROVIDE STEP BY STEP EXPLANATIONS Which is NOT true regarding differences between goods...

Question 11 PLEASE PROVIDE STEP BY STEP EXPLANATIONS

Which is NOT true regarding differences between goods and services? Explain why.

  1. Tangible goods are generally produced and consumed simultaneously; services are not.
  2. Most goods are common to many customers; services are often unique to the final customer.
  3. Services tend to have a more inconsistent product definition than goods.
  4. Services tend to have higher customer interaction than goods.
  5. None, i.e., All of these are true.
business   Operations-Management   
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Answer #1

A) Tangible goods are generally produced and consumed simultaneously; services are not.

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