BUSINESS ADMINISTRATION
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Goods
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Services
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Marketing
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Tangible
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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: -Tangible assets are physical things. Examples include land, buildings, vehicles, furniture, and equipment.
Detailed explanation-3: -A tangible product is a physical object that can be perceived by touch such as a building, vehicle, gadget, or clothing.
Detailed explanation-4: -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.