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 typically do not have physical products to sell, but instead provide intangible services to their customers. They may offer things like expertise, advice, or labor, but they do not produce tangible goods that can be stored or shipped.

Which of the Following Is Characteristic of a Service Company