Which of the following is true for services?
A) All services are people-based, while goods are equipment-based.
B) Service providers can be both for-profit or nonprofit.
C) All service companies follow the same process to deliver their services.
D) The client's presence is a hindrance during the service delivery process.
E) Service providers develop similar marketing programs for personal services and business services.
B
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Answer the following statement(s) true (T) or false (F)
1. Duty is assigned to products only based on the country where the manufacturing is done. 2. A gross margin after markdowns around 50% is considered respectable. 3. Floor-ready product specs include the costs of hangers and hangtags in the cost of goods. 4. The profit and loss statement always contains the same basic components. 5. When a production facility uses the direct costing method, all of the operating expenses are added up and added to the price as a fixed amount. Their only variable costs are the materials and direct labor.
Credit rating agencies evaluated and rated billions in mortgage securities, and both the private sector and governments at all levels relied on these ratings
Indicate whether the statement is true or false