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Which of the follwing is not a feature of service? - Commercial Applications

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प्रश्न

Which of the follwing is not a feature of service?

विकल्प

  • Life Cycle

  • Perishability

  • Inseparability of buyers and sellers

  • Variability

MCQ

उत्तर

Life Cycle

Explanation:

Services typically have the features of inseparability (the need for the buyer and seller to interact), perishability (services cannot be stored), and variability (services can vary in quality). The concept of a "Life Cycle" is more commonly associated with tangible products, which go through stages such as introduction, growth, maturity, and decline. Services, being intangible, do not follow a traditional product life cycle.

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Meaning and Nature of Product
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 1: Markets and Marketing - EXERCISES [पृष्ठ १२]

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गोयल ब्रदर्स प्रकाशन Commercial Applications [English] Class 10 ICSE
अध्याय 1 Markets and Marketing
EXERCISES | Q 47. | पृष्ठ १२
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