Question

All organizations are either classified as a product-based or service-based organization, they cannot be both. Select...

All organizations are either classified as a product-based or service-based organization, they cannot be both. Select one: True False

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

All organizations are either classified as a product-based or service-based organization, they cannot be both. (False)

Explanation: Organizations which deals with the making of the product and selling to the customers are product based organization e.g. Microsoft while organizations which provide services to the other company or customer is called as service-based e.g TCS. Now if Microsoft started to provide services then it can become a service-based organization, same goes with TCS. An organization can both be service based and product based.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The first step in pricing a service is to define the unit of service consumption. A....
The first step in pricing a service is to define the unit of service consumption. A. True B. False An organization's product mix includes all of the products it sells. A. True B. False Nonprofit organization marketing is the effort by nonprofit organizations to bring about mutually satisfying exchanges with target markets. A. True B. False
1. Ethics concerns both the organization and the individual. This is true for all stakeholders in...
1. Ethics concerns both the organization and the individual. This is true for all stakeholders in the organization. True or False
In a 200 words essay select a product or a service or a brand that either...
In a 200 words essay select a product or a service or a brand that either failed to survive or is surviving in today's competitive environment, analyze the reasons of failure or survival from Barney Model of competitive advantages (VRIO) analysis.
Objective quality refers to the quality of a product based on consumer perceptions. Select one: True...
Objective quality refers to the quality of a product based on consumer perceptions. Select one: True False The efforts by companies to improve the objective quality of their products are limited by consumer perceptions of quality. Select one: True False
1. Product category competition is typically composed of other firms in the product manager's industry. Select...
1. Product category competition is typically composed of other firms in the product manager's industry. Select One a. True b. False 2. Each level of competition requires the firm to perform the same set of tasks at progressively higher levels of intensity so that a product can be successful in the market. Select One a. True b. False 3. Relying exclusively on external sources of information that solely define competition based on physical product similarities, will overlook both generic and...
Power Analyze how power is both gained and lost in organizations. Consider your own organization or...
Power Analyze how power is both gained and lost in organizations. Consider your own organization or one you are familiar with. Identify how power is used. Discuss how effective a leader is based on his or her use of power. Appropriately cite the sources you use to support your comments.
Which of the following statements about activity-based costing is correct? A. Activity-based costing and activity-based management...
Which of the following statements about activity-based costing is correct? A. Activity-based costing and activity-based management techniques are not limited to manufacturing companies. Service providers may benefit from implementing activity-based management, but the cost and time of activity-based costing far exceeds the benefits. B. Activity-based .costing and activity-based management techniques are limited to manufacturing companies. Service providers, non-profit organizations, retailers, and governments cannot benefit from implementing some form of activity-based costing and activity-based management because they are prohibitively expensive. C....
7. Regulators cannot impose liquidity requirements on financial institutions. Select one A. True B. False 8....
7. Regulators cannot impose liquidity requirements on financial institutions. Select one A. True B. False 8. Only licensed banks are permitted to use the term​ 'bank' in their name. Select one A. True B. False
22.Prior period adjustments can either be added or subtracted in the Retained Earnings Statement. Select one:...
22.Prior period adjustments can either be added or subtracted in the Retained Earnings Statement. Select one: True False 21.Companies only restrict retained earnings to comply with contractual requirements or current necessity. Select one: True False 23.The transaction approach of income measurement focuses on the income-related activities that have occurred during the period. Select one: True False
1. Which of the following procedures best describes activity-based costing? Select one: A. All overhead costs...
1. Which of the following procedures best describes activity-based costing? Select one: A. All overhead costs are recorded as expenses as incurred. B. Overhead costs are assigned to departments; then costs are assigned to products. C. Overhead costs are assigned directly to products. D. Overhead costs are assigned to activities; then costs are assigned to products. 2. Which of the following product costing methods produces the most precise product costing information? Select one: A. Activity-based costing B. Departmental overhead rate...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT