MANAGEMENT

Detailed explanation-1: -Goods are tangible objects you can touch and then take home after purchase, whereas the time and effort that goes into providing services are not.

Detailed explanation-2: -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-3: -Product definition: A product is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers and is received in exchange for money or some other unit of value.

Detailed explanation-4: -Service product is when a business offers a service and a product or a good together as its practice. This is also called service-good mix, and it can refer to many different types of businesses in all different industries.