Which is an example of a service in business?
Answer and explanation
Correct answer: Haircut facility
A service is an activity or benefit provided to a customer rather than a physical object transferred for ownership. Haircutting is an action performed for the customer and cannot be stored as a tangible product. A table, book, and cloth are physical goods, so option A is the only service example.
Frequently asked questions
What is the correct answer to this question?
Haircut facility
Why is this the correct answer?
A service is an activity or benefit provided to a customer rather than a physical object transferred for ownership. Haircutting is an action performed for the customer and cannot be stored as a tangible product. A table, book, and cloth are physical goods, so option A is the only service example.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Business Services. Topic: Meaning, nature and types of business services.
