GK
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 Ideas
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Foundations
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Detailed explanation-1: -Goods are tangible items that have monetary value and satisfy customers’ needs and wants. Examples of economic goods are cars, furniture, electronics, and clothing.
Detailed explanation-2: -tangible items that have monetary value and satisfy your needs and wants such as toys, cars, furniture, television, clothing, and candy. intangible items that have monetary value and satisfy you needs and wants. Services involve a task such as cooking a hamburger or cutting hair.
Detailed explanation-3: -’ Goods are tangible products that consumers buy to meet their needs.
Detailed explanation-4: -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.