Question 11 Please Provide Step Step Explanations True Regarding Differences Goods Service Q34951389

Question 11 PLEASE PROVIDE STEP BY STEPEXPLANATIONS

Which is NOT true regarding differences between goods andservices? Explain why.

  1. Tangible goods are generally produced and consumedsimultaneously; services are not.
  2. Most goods are common to many customers; services are oftenunique to the final customer.
  3. Services tend to have a more inconsistent product definitionthan goods.
  4. Services tend to have higher customer interaction thangoods.
  5. None, i.e., All of these are true.

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