MANAGEMENT

Detailed explanation-1: -Tangible assets are physical things. Examples include land, buildings, vehicles, furniture, and equipment.

Detailed explanation-2: –A tangible feature is something that can satisfy a prospect’s identified need. Tangible features are the facts that your prospects logically use to justify their emotional decisions. They include the descriptive characteristics of your product or service and the elements of your offer, including incentives.

Detailed explanation-3: -In marketing, the word “tangible” refers to things that are physical, that is, items that can be touched, seen, heard or smelled. Tangible marketing is the use of promotional items to contribute to brand recognition and customer loyalty.

Detailed explanation-4: -The phone won’t operate without an operating system, though – hence the name – and both iOS and Android are intangible goods.