Which of the following is characteristic of a service company?
A) Service companies generally have no tangible products to sell.
B) Service companies have a single category of inventory.
C) Service companies make a product.
D) Service companies transform raw materials into finished goods.

Question

Quizplus · Accepted Answer

Service companies generally provide intangible services, such as consulting, legal, or financial services, rather than tangible products. They may still have some inventory, but it is typically related to the delivery of their services rather than the actual products themselves.

Which of the Following Is Characteristic of a Service Company