Identify a Difference Between Goods and Services

Multiple Choice

Identify a difference between goods and services.

A) Goods can be stored as physical inventory, whereas services cannot be stored as physical inventory.
B) Goods-producing firms rely solely on soft technology, whereas service-providing firms rely solely on hard technology.
C) The demand for goods cannot be predicted, whereas the demand for services can be easily predicted.
D) Customers directly participate in goods-producing activities, whereas customers do not participate in service-providing activities.