Perishability means?Group of answer choicescan vary depending on the providerall of the aboveproduced and consumed at the same timecannot be stored
Question
Perishability means?
- can vary depending on the provider
- all of the above
- produced and consumed at the same time
- cannot be stored
Solution
Understanding Perishability
Perishability refers to the characteristic of certain products, primarily services, which indicates that they cannot be stored for long periods. This is especially significant in areas like food and hospitality industries, where products have a limited shelf life or must be utilized promptly after production.
Options Analysis
- Can vary depending on the provider: While perishability may have different implications depending on the context or the provider, this option is too vague to define perishability itself.
- All of the above: This suggests that all provided options contribute to the definition of perishability.
- Produced and consumed at the same time: This is a fundamental aspect of perishability, especially pertinent to services that are consumed immediately after they are produced.
- Cannot be stored: This directly addresses the nature of perishable goods and services, indicating their inability to be held in inventory over time.
Conclusion
Given the explanations, the most precise descriptor of perishability from the choices is "cannot be stored". However, recognizing that perishability often means that products are produced and consumed simultaneously, "produced and consumed at the same time" is also a valid aspect. Thus, the best choice that captures the essence of perishability is "all of the above", as it encompasses the various facets of the concept.
Final Answer
All of the above.
Similar Questions
Perishability means?Group of answer choicescan vary depending on the providerall of the aboveproduced and consumed at the same timecannot be stored
they are intangible and perishable. Use this discussion to explain what these two terms mean.
The cause of change in price of perishable good is:A SupplyB DemandC ProducerD Cost
____ determines how long a piece of information lasts on a system.Group of answer choicesLivenessOrder of volatilityContinuity levelLongevity
Which of the following factors is crucial for service recovery strategies?IntangibilityHeterogeneityInseparabilityPerishability
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.