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Explain different between goods and services?
goods are physical. services are something you do for someone.
What are physical things used to make goods called such as tools or buildings?
Physical things used to make goods, such as tools, buildings, and machinery, are referred to as "capital goods." These goods are essential for the production process, enabling companies to manufacture products and provide services. Capital goods differ from consumer goods, which are intended for direct consumption.
What is the definition of a pure goods?
Pure goods are products that are tangible and do not involve any services or intangible elements. They are physical items that can be seen, touched, and stored, such as food, clothing, and electronics. Unlike hybrid goods, which combine both goods and services, pure goods focus solely on the physical attributes and benefits of the item itself.
Which of the following is true about goods and services?
The answer is D. Assuming the options are: A. Goods are generally more expensive to the consumer. B. Goods and services are often sold by the consumer. C. Services are usually provided at a distance while goods are produced locally. D. Goods are physical while services are intangible.
Is fifo the inventory costing method that follows the physical flow of the goods?
no, FIFO, LIFO, and weighted-average method are cost flow assumptions these assumptions bear no relation to the physical flow of goods; they are merely used to assign costs to inventory units.
What is physical goods and digital goods?
bodo ajer.....
Describe the differences between physical supply and physical distribution?
physical supply includes all activities like moving goods from supplier or trading partner to the manufacturer. physical distribution involved all activities such as goods handling, goods moving and goods packing from manufacture to the end customer.
What is the factor which determines whether or not goods should be included in a physical count of inventory?
The factor that determines whether or not goods should be included in a physical count of inventory is physical possession or ownership of the goods. Only goods that are owned by the company and physically present in its possession should be included in the physical count. Goods that are on consignment or held on behalf of others should not be included in the count.
Explain different between goods and services?
goods are physical. services are something you do for someone.
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 are physical things used to make goods called such as tools or buildings?
Physical things used to make goods, such as tools, buildings, and machinery, are referred to as "capital goods." These goods are essential for the production process, enabling companies to manufacture products and provide services. Capital goods differ from consumer goods, which are intended for direct consumption.
What is a physical object that can be exchanged?
Goods are physical objects that can be exchanged.
What is the definition of a pure goods?
Pure goods are products that are tangible and do not involve any services or intangible elements. They are physical items that can be seen, touched, and stored, such as food, clothing, and electronics. Unlike hybrid goods, which combine both goods and services, pure goods focus solely on the physical attributes and benefits of the item itself.
Kind of capitol involving human made goods?
physical
Which of the following is true about goods and services?
The answer is D. Assuming the options are: A. Goods are generally more expensive to the consumer. B. Goods and services are often sold by the consumer. C. Services are usually provided at a distance while goods are produced locally. D. Goods are physical while services are intangible.
Is bulging of canned goods when a expired a chemical or physical change?
yes but no
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.
