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Goods and services

Quiz by Ana Toruño

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10 questions
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  • Q1
    Which of the following describes a service?
    A loaf of bread
    A smartphone
    A book
    A haircut
    30s
  • Q2
    What is the primary difference between goods and services?
    Goods can be used in production only
    Services produce more revenue than goods
    Goods are more valuable than services
    Goods are tangible, services are intangible
    30s
  • Q3
    Which of the following is an example of a service?
    Medical consultation
    Television
    Sofa
    Laptop
    30s
  • Q4
    Which of the following is typically considered a characteristic of services?
    Durability
    Inseparability
    Homogeneity
    Stability
    30s
  • Q5
    What is the term for a physical item that can be sold or purchased?
    Experience
    Benefit
    Good
    Service
    30s
  • Q6
    Which of the following is an example of a non-durable good?
    Furniture
    Washing machine
    Car
    Bread
    30s
  • Q7
    What type of service is typically characterized by high customer interaction?
    Software installation
    Delivery service
    Personal training
    Catering service
    30s
  • Q8
    Which of the following best describes 'goods'?
    Intangible experiences
    Services provided to customers
    Tangible products that can be touched and owned
    Activities performed for others
    30s
  • Q9
    What is a key feature that differentiates services from goods?
    Intangibility
    Tangibility
    Scarcity
    Stability
    30s
  • Q10
    Which of the following is a characteristic of services?
    Tangibility
    Perishability
    Variability
    Consistency
    30s

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