Goods are typically mass-produced in a factory far away from customers, while services are produced in their presence.
Answer the following statement true (T) or false (F)
True
Goods are typically mass-produced in a factory far away from the customer. A service is usually produced in person-where the customer is located-after the customer has committed to buy. It is often difficult to achieve economies of scale with personal services. One reason is that service suppliers often need duplicate equipment and staff at places where the service is actually provided.
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General-purpose applications are available as _____; that is, they come ready to install from an external storage medium such as a CD or a file downloaded from a vendor's website.
Fill in the blank(s) with the appropriate word(s).
Discuss and exemplify the connections between listening and cultural differences.
What will be an ideal response?
A strong culture can meet the requirements of ______ in that it provides value and is not easily imitated.
a. economic success b. strategic leadership c. competitive advantage d. competitive disadvantage
The economic order quantity (EOQ) model assumes that ______.
A. the unit purchase price of the item remains constant B. the unit purchase price of the item varies according to quantity ordered C. the total purchase costs of items ordered vary according to quantity ordered D. the average purchase costs of items ordered vary according to quantity ordered