Alex Smith rents storage space to college students who go home for the summer but do not want to haul all of their property home and back
The business is profitable during the summer months, but when the storage space is unoccupied in the off-season, Alex loses money. Which of the following characteristics of service is most likely the source of Alex's problem?
A) intangibility
B) perishability
C) inconsistency
D) variability
E) inseparability
B
You might also like to view...
Employee telephone and electronic communications in the workplace are protected from employer interception and disclosure by the:
A. Fair Credit Reporting Act. B. Omnibus Crime Control and Safe Streets Act and the Electronic Communications Act. C. Privacy Act. D. Fair Labor Standards Act.
Which of the following is NOT true for the writer of a call option?
A) The maximum loss is unlimited. B) The maximum gain is unlimited. C) The gain or loss is equal to but of the opposite sign of the buyer of a call option. D) All of the above are true.