Which of the following is true with regard to products?
A) The quality of products is far more difficult to measure than that of services.
B) Products do not include experiences, organizations, persons, places, and ideas.
C) Products are not meant for sale in the market.
D) Products include services, events, persons, places, organizations, ideas, or a mixture of these.
E) Products refer to only those activities that are essentially intangible.

Question

Quizplus · Accepted Answer

Products can include tangible items, but can also include services, events, persons, places, organizations, ideas, or a mixture of these. Therefore, option D is the correct answer. Option A is untrue because the quality of products can be measured through various metrics such as durability, reliability, and performance. Option B is incorrect because products can include ideas, experiences, and places, as mentioned above. Option C is incorrect because products are meant for sale in the market. Option E is also incorrect because products refer to both tangible and intangible items.

Which of the Following Is True with Regard to Products