StoreHUB rents storage space to college students who go home for the holidays but do not want to haul all of their property home and back.The business is profitable during the holiday months,but when the storage space is unoccupied in the off-season,StoreHUB is losing money.What characteristic of service is most likely the source of StoreHUB 's problem?

Question

Quizplus · Accepted Answer

Perishability is the characteristic of services that refers to the fact that services cannot be stored for future use. In the case of StoreHUB, during the holiday season, their storage space is in high demand and they can make a profit. However, during the off-season, the storage space is unoccupied and cannot be stored for future use, leading to a loss in profits.

StoreHUB Rents Storage Space to College Students Who Go Home