Service organizations display the following characteristics, except that: A.They create more jobs than do manufacturers. B.They employ more people than do manufacturing concerns. C.They carry larger inventories than do manufacturing concerns. D.They account for more than half of all goods and services produced.

Answered: Service organizations display the…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Service organizations display the following characteristics, except that:

	A.	They create more jobs than do manufacturers.
	B.	They employ more people than do manufacturing concerns.
	C.	They carry larger inventories than do manufacturing concerns.
	D.	They account for more than half of all goods and services produced.

Expert Solution

Step 1 Introduction:

Here, It is an MCQ question, each option is explained, and each option would differentiate service organization from manufacturing organization, the detailed explanations are given in the next section,