BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Items you buy:tangible object that satisfies wants
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service
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needs
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goods
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wants
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Explanation:
Detailed explanation-1: -Goods are tangible things that satisfy our wants (like boats, computers, cars, etc.), services are intangible things that satisfy our wants (like the services of an accountant, or a dentist, or a lawyer).
Detailed explanation-2: -A tangible product is a physical object that can be perceived by touch such as a building, vehicle, gadget, or clothing.
Detailed explanation-3: -Products are anything we use to satisfy needs and wants. Marketing experts divide it into two: goods and services. Goods represent tangible products. In business, products are goods or services that can be bought and sold.
Detailed explanation-4: -Consumer goods satisfy human wants directly.
There is 1 question to complete.