Which of the following is a characteristic of a service (i.e., not a product or good)? usually labor intensive O involves the transformation of raw materials easy to track and monitor qualities can be easily stored for future use

One key characteristic of services is that they are usually labor-intensive, relying heavily on human effort and expertise. Think about a spa day or a concert; the experience and personal touch provided by professionals make it special and unique, which is something that mass-produced products can't offer! Another important aspect is that services cannot be easily stored for future use, in contrast to physical goods. For instance, once a seat at a concert is filled, that experience cannot be saved or reused. If you miss it, you’re out of luck—you can’t take the experience home with you like you would a product!