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Varvara68 [4.7K]
3 years ago
15

Which sentence identifies the concept of perishability? Tourism is a service-oriented field in the goods-service continuum. Four

major characteristics affect the service industry in general. Firstly, services can only be experienced, unlike goods, which can be felt, seen, or touched. In services, what appeals to one person may not appeal to the other. Therefore, extensive research and feedback is needed to understand choices made by customers.Efforts should be made to substantiate the lack of visual appeal.Brochures depicting images of famous places can be provided to attract customers. Secondly, inconsistency in services, such as bad word-of-mouth about employees or tour guides, can hamper a tourism business. Thirdly, storage of services is not possible, as services are consumed when offered to a customer. For example, an air conditioner unsold in winter can be stored and sold in the summer, but if flight seats during off-season are not sold, the inherent value vanishes. Such a loss is duly accountable in the service industry. Fourthly, service and a customer are inseparable because service can be offered only when the customer is present. Goods, like television, stay with a customer only after purchase, but tourists cannot take the cruise home with them after signing up for a tour.
Business
1 answer:
allochka39001 [22]3 years ago
3 0

Thirdly, storage of services is not possible, as services are consumed when offered to a customer.

Answer: Option 3.

<u>Explanation:</u>

Perishable is a feature where a good or service can not be stored for long. They might get hampered and do not remain like their original self if they are stored.

Services have a perishable nature in the sense that they can not be stored like some of the goods which can be stored. The services are to be consumed then and there at the moment when they are offered to the customers. They can not be kept reserved.

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For each of the following scenarios identify the correct term.
jonny [76]

Solution :

a). Opportunity cost

  In the field of economics, Opportunity cost may be defined as the loss of a potential gain when some other alternatives are chosen from a given set of opportunities.

b). efficiency

c). Our professor presents us the incentives for major in economics.

d). I can complete the project via specialization more efficiently rather than doing it all each part of the project together.

8 0
3 years ago
Indirect materials include ______. multiple choice question. supervisor salaries salt and pepper laptop computer keyboards facto
Kobotan [32]

Indirect materials include <u>salt and pepper.</u>

<u></u>

<u></u>

<u></u>

What are indirect materials ?

  • Indirect materials are goods that, while part of the overall manufacturing process, are not integrated into the final product.
  • For example, disposable gloves, personal protective equipment, tape, etc., may be essential to a production line, but they are not part of the actual product created on that line.
  • When cost savings take priority, it’s important to control spending and compliance by using a unified source-to-pay (S2P) platform for indirect materials.
  • Among S2P platforms, cloud-native ones offer the best functionality: they are easy to set up, deploy, learn and use, and they offer real-time, end-to-end visibility.
  • Unlike indirect materials, direct materials are components that are integrated into a manufactured product.
  • For example, chips in a mobile phone are direct materials in mobile phone production.

To know more about indirect materials, refer:

brainly.com/question/14896549

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5 0
2 years ago
Latham Corporation constructs a new factory building. The materials cost $300,000. Other costs include direct labor of $150,000,
Dovator [93]

Answer:

$535,000

Explanation:

The computation of the Latham's basis in the building is shown below:

= The material cost + direct labor cost + worker pension cost + architectural fees + depreciation on equipment  + interest paid during the year

= $300,000 + $150,000 + $5,000 + $15,000 + $25,000 + $40,000

= $535,000

It includes both direct and indirect cost

Since we have to compute for the building so we do not considered the purchase value of land and the loan amount

3 0
3 years ago
After a large hotel chain discovered that their computer systems had been hacked and customer credit card information had been a
Gnesinka [82]
The hotel's quick action in response to a serious situation was likely due to CYBER SECURITY BREACH. It is a threat not only to the customers but to the hotel business as well because with this breach, customers will find it hard to trust said hotel again. 

Because confidential data like credit card information were stolen, they need to immediately inform their customers to ensure that the customers will take the necessary steps in protecting themselves from having their identity stolen and from having their credit cards used in purchasing items they are not aware off. 
4 0
3 years ago
What best describes the position of the U.S. budget, as of fiscal year 2010 (and true today as well), when all current spending
crimeas [40]

Answer: The deficit is lower when compared to 2010.

Explanation:

The United States Budget for 2010 titled "A New Era of Responsibility: Renewing America's Promise by President Barack Obama's budget in 2010 was $3.456 trillion for expenditure and total revenue was $2.163 which led to a budget deficit of $1.294 trillion.

In 2019, the revenue was $3.422 and expenditure was $4.407 which led to a budget deficit was $985. It can be deduced that there has been a reduction in the budget deficit when compared to 2010.

6 0
3 years ago
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