Business, 04.11.2020 18:00 anna8352

Which of the following is most likely a true statement about services? A. Services can be easily separated from their providers. B. Demand fluctuation has little to no impact on service providers. C. Service industries vary greatly.

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Answer from: mianelson367

Complete Question:

Which of the following is most likely a true statement about services?

Group of answer choices

A) Services can be stored for later sale or use.

B) Service quality is not dependent on the provider.

C) Services can be easily separated from their providers.

D) A service is intangible before it is purchased.

E) Demand fluctuation has little to no impact on service providers.

D) A service is intangible before it is purchased.

Explanation:

Services can be defined as a business transaction that is typically characterized by the fact that, no physical (tangible) goods is being transferred from the seller to the end user (customer).

Hence, the most likely true statement about services is that, a service is intangible before it is purchased.

A service is considered to be intangible because they can not be physically touched rather they are values added to the customer by the service provider.

Some examples of services are insurance, travel, consulting, freight forwarding, hospitality, investment banking, repair, rental, utility, financial and legal services.

Answer from: Quest

Secured loans are protected by collateral security. examples: title loans where the borrower uses the car title as collateral security interest rates are lower and repayments are longer therefore risk is low as a collateral security is given as guarantee to the bank in case of failure to pay the loanunsecured loans are not protected by collateral security but it is given on the creditworthiness of the borrower, trusting that she/he will pay on time. examples; payday loans is a short term loan where the borrower lends money from the bank and pays is back when the borrower receives his/her wages.interest rates are high and repayments are shorter. but the risk is high as no collateral security is given as a guarantee to the bank for payment of the loan

Answer from: Quest

The atomic nucleus is the small, dense region consisting of protons and neutrons at the center of an atom, discovered in 1911 by ernest rutherford based on the 1909 gold foil experiment.

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Which of the following is most likely a true statement about services? A. Services can be easily sep...

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