Which of the following is a difference between goods and services?
A) Goods must be consumed when they are produced, while services can be stored in an inventory.
B) Goods can be experienced and don't have a physical form, while services have a physical form and can be seen, touched, and handled.
C) Goods must be consumed where they are provided, while services can be shipped.
D) Goods are produced independently of the consumer, while services often require customers to be actively involved in their production.
Question 2
Which of the following statements is true of enterprise resource planning (ERP)?
A) ERP makes it easier for organizations throughout a supply chain to coordinate their activities.
B) ERP systems have a simple structure that is inexpensive and easy to implement.
C) ERP software requires users to enter and access data in traditional ways.
D) ERP is the software version of the critical path method that is used for project management.
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