Service organization are characterized by
I. Intangible outputs
Ii. Zero inventories
Iii. High. Labour costs
A. I and iii
B. I and ii
C. Ii and iii
D. Iii
Please answer this questions
The correct answer is indeed:
B. I and Ii
Service organizations are characterized by:
I. Intangible outputs: Services often provide intangible benefits or experiences to customers, such as knowledge, expertise, convenience, or entertainment.
Ii. Zero inventories: Unlike manufacturing organizations, service organizations typically do not have physical products that require inventories.
Option B includes both these characteristics, making it the correct answer. @Kavitesh_Chandra