GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Consumer goods
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Services
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Capital goods
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Capital services
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Detailed explanation-1: -Capital goods are man-made, durable items that businesses use to produce goods and services. Tools, machinery, buildings, vehicles, computers, and construction equipment are types of capital goods.
Detailed explanation-2: -No, all machines aren’t capital goods used to produce goods for other or sale but also used by individuals to ease their household works.
Detailed explanation-3: -Capital goods are mostly fixed assets that are purchased by the producer in order to produce consumer goods. Examples: Buildings, equipment, machinery, furniture, and more.
Detailed explanation-4: -Vehicles. Vehicles owned by a business are a capital good. Production Technology. Computing Technology. Electronics. Software. Power Technology. Infrastructure. Facilities. More items •31-Jul-2017