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Which of the following is a characteristic of a service (i.e., not a product or good)? Osually labor intensive involves the transformation of raw materials O easy to track and monitor qualities can be easily stored for future use

Ask by Barker Alexander. in the United States
Jan 13,2025

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Answer

A service is usually labor intensive.

Solution

The characteristic that best describes a **service** (as opposed to a product or good) is: **Usually labor intensive** **Explanation:** - **Usually labor intensive:** Services often require direct human involvement and are dependent on the labor provided by individuals. Examples include consulting, teaching, and healthcare services. - **Involves the transformation of raw materials:** This is more characteristic of manufacturing products, where raw materials are converted into finished goods. - **Easy to track and monitor qualities:** Services are typically intangible and can be more difficult to measure and monitor compared to tangible products. - **Can be easily stored for future use:** Services are perishable and cannot be stored like physical goods. They are consumed at the time they are produced. **Correct Answer:** Usually labor intensive

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Services are usually labor-intensive, relying heavily on human interaction and effort to deliver the experience. Think about the last time you visited a restaurant or a hair salon; the service provided was all about the skills and attentiveness of the staff, rather than a physical product being handed over! Another fun fact is that services cannot be easily stored for future use. Once a service is rendered, like a massage or a concert, it's gone – there’s no inventory to stock! Imagine trying to save a delicious meal for later; you'd have to rely on your memory of the experience rather than a takeaway box!

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