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Question
Which of the follwing is not a feature of service?
Options
Life Cycle
Perishability
Inseparability of buyers and sellers
Variability
Solution
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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