Business Services · Class 11 · CBSE · Commerce Business Studies
Which characteristic of services implies that they cannot be stored for future use or separated from the service provider?
Practice question from Business Services (Class 11 · CBSE · Commerce Business Studies), with the correct answer and a step-by-step solution.
easy · MCQ · Q-DE5E50
Which characteristic of services implies that they cannot be stored for future use or separated from the service provider?
- A.Intangibility
- B.InseparabilityCorrect answer
- C.Inconsistency
- D.Inventory (Loss)
Solution
Inseparability refers to the simultaneous production and consumption of services, making them inseparable from the service provider.
More from Business Services
- A business takes an insurance policy for its stock against fire. Which fundamental principle of insurance is violated if the business insur…
- Which type of bank account is most suitable for business firms that make and receive large numbers of transactions daily, as it offers no r…
- Which of the following services is NOT included under the broad category of business services?
- Mr. Sharma insured his house against fire for Rs 5,00,000. A fire broke out, causing a damage worth Rs 2,00,000. How much compensation can…
Practise more Business Studies
Sign up free for adaptive practice on this chapter, with instant feedback and hints on every question.
Start practising freeFree to start · No credit card needed