Intangible means, that can not be touched, The service which is intangible in restaurant is if you create any website from where you are providing service of home delivery, online orders or online search for restaurants in various locations.
Taste and cheap
Taste and cheap
Hybrid services are an integral part of any lodging or food and beverages premise where intangible and tangible elements of a product are necessary to be present simultaneously to facilitate the service process to be complete and create the right output, example the server who is a service staff (intangible) needs to present the food (tangible) at your table to facilitate the service process.
importance of taste of food
no, you cant touch it, taste it see it or smell it
TMC,
Just service.
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.
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
Tangible property is something that can be touched; dining in a restaurant is a service.
product is tangible and service is intangible.
Yes, food is considered a tangible good because it consists of physical items that can be touched, seen, and consumed. Tangible goods are products that have a physical presence, and food fits this definition as it can be produced, packaged, and sold in various forms. Additionally, food can be measured, stored, and transported, further reinforcing its classification as a tangible good.