0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
What are the characteristics of services compared with goods?
Goods are a tangible item where services are not tangible that provide a value to a consumer.
Difference between tangible goods versus marketing services?
Marketing services are services that are offered to market products. Tangible goods are actual, physical goods that are sold by businesses.
What is tangible items that business sell?
goods
What are the similarities between goods and services?
goods are tangible and transferable , services are not
Are patents goods?
No: "Goods" in business must be tangible materials, and the value of a patent is the right to exclude others from practicing the claims of the patent. This right is not in itself tangible, but it may be converted to a tangible asset by licensing the patent or suing anyone who violates it.
What are the characteristics of goods?
Goods are described as any tangible product that is traded or sold. The characteristics of goods are physical properties and marketability.
What kind of businesses produce tangible goods?
Tangible goods are things you can see and touch like clothes and cars and computers. They are made by factories, manufactures,etc. Intangibles are things like services.
What are tangible and intangible goods and services?
Tangible goods are merchandise that you can put your hands on. Stuff like jewellery, computers, clothing or even CD's are all tangible products. When you go shopping in a store, everything you place in your shopping cart would be tangible goods. You can also shop online and add real products to your shopping cart there too. As long as something is shipping to you it will be a tangible good. On the other side of this are Intangible goods which are products that cannot be seen or touched. Things like domain names or computer programs are intangible goods. Even music you download from the web is considered intangible even though if you buy the CD it would be tangible. Tangible means capable of being touched. A tangible product is something which a company produces which the customer can see or hold, as against something like advice.
Is service a product?
A service is a product. But it is not a tangible good. However, even tangible goods are valued only because of their services to man.
What does goods-producing mean?
It means to make a tangible product that can be sold.
What does goods producing mean?
It means to make a tangible product that can be sold.
Why is accounting a service industry?
because it provides support but no tangible goods
