Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The main difference between service products and physical goods is that services , whereas physical products cannot be inventoried; can be stored in inventory cannot

The main difference between service products and physical goods is that services , whereas physical products
cannot be inventoried; can be stored in inventory
cannot be marked up; can be marked up according to demand
can be marked up; cannot be marked up due to a high degree of direct competition
are rarely marketed; require a high degree of marketing and promotion
require highly skilled workers; require minimal skill due to the use of machinery
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Manufacturing Strategy Text And Cases

Authors: Terry Hill

3rd Edition

0256230722, 9780256230727

More Books

Students also viewed these General Management questions