Which of the following characteristics apply to merchandising organisations?
i. They purchase goods for sale.
ii. Outputs can be stored.
iii. They produce intangible outputs.
iv. Services are consumed as they are produced.
A) i and iii
B) ii and iii
C) i and ii
D) i and iv

Question

Quizplus · Accepted Answer

Merchandising organizations purchase goods for sale (i) and these goods can be stored as outputs (ii). They do not produce intangible outputs (iii) and services are not consumed as they are produced (iv).

Which of the Following Characteristics Apply to Merchandising Organisations