Business Studies

The simultaneous activity of production and consumption of services is called _____________.


Answer & Solution

Inseparability


SOLUTION
They are inseparable as well which means that the production and consumption of service cannot be separated unlike a tangible product.
View Answers

You're just one step away


Single Correct Medium Published on 18th 08, 2020
Next Question
Questions 244558
Subjects 8
Chapters 125
Enrolled Students 299
Enroll Now For FREE

Realted Questions

Q1 Subjective Medium
Select the proper option from the options given below and rewrite the sentence:
The process of contracting a business function to someone else is called as_________.

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q2 Single Correct Medium
Invariably the benefits of BPO are _____________.
  • A. Taking case of core business.
  • B. It is cost effective
  • C. A double edged sword
  • D. All of the above

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q3 TRUE/FALSE Medium
A fee is applicable for processing NEFT transaction.
  • A. True
  • B. False

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q4 Subjective Medium
When is a business said to be using a single entry system?

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer
Q5 Single Correct Medium
______________ system can be any organized combination of people, hardware, software, communications networks and data resources that collects, transforms and disseminates information in an organization.
  • A. Information
  • B. Integrated
  • C. Horizontal
  • D. Vertical

Asked in: Business Studies - Business Services


1 Verified Answer | Published on 18th 08, 2020

View Answer