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Business Services Quiz

Class XI
Business Studies
Business Services
15 questions
MEDIUM

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1. What are business services?

Tangible goods sold · Intangible services provided · Financial investments · Physical products manufactured

2. Which of the following is NOT a characteristic of business services?

Intangibility · Inseparability · Perishability · Standardization

3. Which of the following is an example of a business service?

Computer · Consultancy · Furniture · Stationery

4. What does the term 'inseparability' refer to in business services?

Services cannot be stored · Services cannot be separated from their provider · Services can be standardized · Services are always expensive

5. Which of the following is a feature of business services?

Homogeneity · Variability · Durability · Ownership transfer