Want this question answered?
Three example of an intangible product
Tangible is something you can touch and Intangible means something you can't touch. An example of Tangible waste can be an empty can and an Intangible waste can be air pollution.
Most common example of intengible asset is "GOODWILL"
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
trade mark ,brand name ,patent ,,,,any service
Three example of an intangible product
Tangible is something you can touch and Intangible means something you can't touch. An example of Tangible waste can be an empty can and an Intangible waste can be air pollution.
Service standards for intangible service in hospitality would be the factors that affect the emotions of guests / customers. These actions are reflected when you deliver the tangibles. Example, a sincere smile (intangible) when delivering a cup of coffee (tangible). To add, it would be the body language, facial expressions, the warmth, tome of voice, etc.
Tangible is something you can touch and Intangible means something you can't touch. An example of Tangible waste can be an empty can and an Intangible waste can be air pollution.
tangible assets is what can be seen while intangible asset is what cannot be seen or felt. The factory is an examle of intangible assets while patent is an example of intangible assets -- By Kailash Gaikwad
A standard gives a baseline as to what all relative things, tangible and intangible, are compared to.
Most common example of intengible asset is "GOODWILL"
One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.
trade mark ,brand name ,patent ,,,,any service
Answer:Under US GAAP as well as IFRS, intangible assets with an indefinite life (for example brand names) are not amortized, but instead, an annual impairment test is performed.
1 - Goodwill 2 - market related intangible assets 3 - Customer related intangible assets 4 - Contract related intangible assets 5 - Artistic related intangible assets 6 - Technology related intangible assets
tangible are the likes of airline seats, hotel rooms and meals intangible are scenery, climate, heritage and the friendliness of the host population