BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ECONOMICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What are goods?
A
Actions, skills or knowledge provided by someone
B
Tangible items used by consumers to satisfy their needs and wants
C
Items we need in order to survive
D
Companies who create services
Explanation: 

Detailed explanation-1: -Goods are tangible items that are manufactured and sold for consumption. They are physical items that can be seen, touched, and used. Examples of goods include food, clothing, furniture, and electronics. Goods are typically sold in bulk, and their main purpose is to meet the needs of consumers.

Detailed explanation-2: -Goods are visible and tangible items that satisfy human wants and needs. These goods can be bought in stores, transported to other places and sold in stores by others. Daily use items like brushes, soaps, clothes you see are all examples of goods.

Detailed explanation-3: -Tangible assets are physical things. Examples include land, buildings, vehicles, furniture, and equipment.

Detailed explanation-4: -Consumer goods are those goods, which satisfy the want of consumer directly. They are goods, which are used for consumption. For example bread, fruits, milk, clothes etc.

There is 1 question to complete.