Which of the following characteristics apply to merchandising organisations?
i.They purchase goods for sale
ii.Outputs can be stored.
iii.They produce intangible outputs.iv.Services are consumed as they are produced.

Question

Quizplus · Accepted Answer

Merchandising organizations purchase goods for sale (i) and their outputs can be stored (ii). Option (iii) is not applicable as merchandisers deal with tangible goods and not intangible services. Option (iv) is incorrect as services are not produced and consumed simultaneously in a merchandising organization.

Which of the Following Characteristics Apply to Merchandising Organisations