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7. Read the following three statements: a) Service industries deal with tangible products only. b) Unlike a product, a service can be kept in stock (inventory). c) Compared with service industries, manufacturing industries usually require large capital outlays. Which of the above statements is/are correct? [1] b and c [2] a and c [3] a and b [4] a, b and c [5] None of the above options (1, 2, 3, or 4) is correct
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