BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -A tangible product is a physical object that can be perceived by touch such as a building, vehicle, gadget, or clothing. This example is from Wikipedia and may be reused under a CC BY-SA license. It is therefore impossible to attribute the creation of new value only to workers who directly produce a tangible product.

Detailed explanation-2: -Tangible goods are products or items you can see, feel, and touch. For instance, these products can include books, food items, groceries, medicine, and skincare products. They differ from intangible products such as health care, accounting and financing services, consulting, travel, and insurance.

Detailed explanation-3: -A product is a tangible item that is put on the market for acquisition, attention, or consumption, while a service is an intangible item, which arises from the output of one or more individuals.

Detailed explanation-4: -Tangible assets are generally anything you can physically touch-from inventory to buildings to copying machines. Intangible assets, meanwhile, are anything of value that you can’t physically touch such as trademarks, domain names, and the goodwill you’ve built up around your company’s reputation.