Which is not true regarding differences between goods and services?
A) Tangible goods are generally produced and consumed simultaneously; services are not.
B) Most goods are common to many customers; services are often unique to the final customer.
C) Services tend to have a more inconsistent product definition than goods.
D) Services tend to have higher customer interaction than goods.
E) Goods can be inventoried; services are not easily inventoried.

Question

Quizplus · Accepted Answer

Tangible goods are not typically produced and consumed simultaneously; this characteristic is more accurately associated with services. Goods are produced, then distributed, and finally consumed, whereas services are often produced and consumed at the same time.

Which Is Not True Regarding Differences Between Goods and Services