Question

Choose True or False.


Services can be transferred whereas once a good is used it cannot be transferred.


With goods, there is lag time between manufacturing and consumption; with services, consumption is immediate.

answers true or faulse

Answer 1

The first statement is **False**. Services cannot be transferred in the same way goods can, as they are typically experienced at the time of delivery and cannot be owned or possessed like a physical good.

The second statement is **True**. Goods typically have a lag time between manufacturing and consumption, while services are consumed immediately at the time of delivery.