ENTREPRENEURSHIP

Detailed explanation-1: -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-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: -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: -An item is tangible if it can be touched and has a real, physical presence. Some definitions of tangible may include the description that the asset can be seen, but this description could also be used to describe items you can’t touch (i.e. digital currency balances can be seen on a monitor).