C720 All Book Quizzes, Unit Test, PreAssesment, Vocab & Comprehensive Study Materials to pass the OA Q&A 100% Pass | Get it 100% Correct!!

C720 All Book Quizzes, Unit Test, Pre-
Assesment, Vocab & Comprehensive
Study Materials to pass the OA Q&A
100% Pass | Get it 100% Correct!!

Choose the product below that best represents an example of a physical good or

tangible product manufactured by an organization.



A. Bus transportation

B. Smartphone

C. Hair styling - ✔✔B

Choose the product below that best represents an example of a service or

intangible product provided by an organization.



A. Furniture

B. Apparel (Clothing)

C. Security protection - ✔✔C

Is the following an output or an input?




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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.

,People - ✔✔Input

Is the following an output or an input?



Services - ✔✔Output

Is the following an output or an input?



Goods - ✔✔Output

Is the following an output or an input?



Capital - ✔✔Input

Is the following an output or an input?



Material - ✔✔Input

Is the following an output or an input?



Energy - ✔✔Input

True or False




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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.

, The operations within an organization produce the goods and services that

meet the demands of society and create value for the consumers who benefit

from the outputs which are worth more to the customer than the total cost of

the inputs - ✔✔True

True or False



Producers of goods and producers of services both acquire and manage inputs

throughout a transformation process that produces a final output. - ✔✔True

True or False



Service providers do not produce products because they are not part of the

manufacturing sector. - ✔✔False

Is the following a good or a service?



Starter motors - ✔✔Good

Is the following a good or a service?



Gasoline - ✔✔Good



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©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025.