Final answer:
Manufacturing pertains to creating tangible goods, while services are action-oriented and not physical. The service industry has grown, leading to more service jobs and fewer manufacturing jobs due to trends like outsourcing. Both industries encompass diverse jobs and roles.
Step-by-step explanation:
The statement that a basic difference between manufacturing and service organizations is that services are action-oriented and manufacturing is goods-oriented is true. Services encompass economic activities like haircuts, insurance, banking, and dental visits, which are intangible yet are valued and paid for by consumers. On the other hand, manufacturing pertains to the production of tangible goods, where inputs like labor, capital, and raw materials are transformed into physical products that have use value and can be sold to consumers.
Notably, the production of services in economies such as the U.S. is increasing more rapidly compared to goods production, which is accompanied by a growth in service-related jobs. These shifts are partly due to global trends such as outsourcing and offshoring. Meanwhile, basic industries like oil extraction can largely contribute to a region's economic independence and sell their goods beyond local markets, while non-basic industries like most service sector jobs circulate money within the local economy.
The tasks within both service and manufacturing businesses can be highly diversified, ranging from chefs in a restaurant to various specialized job classifications in a large manufacturing factory or hospital.