GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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They are tangible.
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They can be stored as inventory.
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Production and consumption occur separately.
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High degree of contact between employees and consumers.
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Detailed explanation-1: -Detailed Solution. Low average spends per customer is not a characteristic of the business-to-business arena.
Detailed explanation-2: -Key Characteristics for Manufacturing Managing that risk is the most important part of manufacturing. To manage that risk, manufacturing needs: Productivity: Balancing efficiency with productivity translates to profit. Low productivity means higher costs, due to wasted manpower and overhead.
Detailed explanation-3: -A manufactured good is a good that is produced mainly by the application of labour and capital to raw materials and other intermediate inputs. As such, manufactured goods are the opposite of primary goods, but include intermediate goods as well as final goods.
Detailed explanation-4: -Solution(By Examveda Team) Mining is not a manufacturing industry.
Detailed explanation-5: -Explanation: Quality control, quality of design and quality of assurance are all three characteristics of quality. The quality of non-conformance is not a characteristic of quality.