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Outputs that are tangible and can be inventoried generally require low customer contact and often require intensive capital investment are known as?

1) goods
2) supply Chains
3) operations
4) services

User Nccc
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Final answer:

Outputs that are tangible, can be inventoried, and often require intensive capital investment are known as goods. These can include both durable goods like appliances and nondurable goods like food, as well as structures and unsold inventories.

Step-by-step explanation:

The question asks which term describes outputs that are tangible, can be inventoried, typically require low customer contact, and often necessitate substantial capital investment. These characteristics are descriptive of goods. According to economic principles, goods are tangible products that can be stored in an inventory and typically necessitate significant capital to produce. Examples of goods include durable items like cars and refrigerators as well as nondurable items like food and clothing. The term also covers structures such as homes, office buildings, shopping malls, and factories. The economic significance of inventories lies in the fact that they consist of goods that have been produced but not yet sold, and their levels fluctuate with business conditions.

User Davvs
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