ENTREPRENEURSHIP

Detailed explanation-1: -False. Services are those economic activities that are intangible in nature. An interaction between the service provider and the consumer.

Detailed explanation-2: -While products can either be tangible or intangible, services are intangible.

Detailed explanation-3: -Services are intangible because they can often not be seen, tasted, felt, heard, or smelled before they are purchased.

Detailed explanation-4: -Service is an intangible activity that provides the satisfaction of wants.

Detailed explanation-5: -A tangible service is what companies grant clients that can be seen and touched. Clients can interact with it through the five senses. Clients can connect with it emotionally and feel it.