Get premium membership and access questions with answers, video lessons as well as revision papers.

Differentiate between goods and services

      

Differentiate between goods and services

  

Answers


joseph
a. Goods are tangible while services are not tangible
b. Goods can be stored while service cannot be stored
c. Goods can be standardized while service cannot be standardized
d. Goods can change possession while services cannot be separated from the provider
e. Not all goods are perishable while services are highly perishable
f. Most goods can be seen while service cannot be seen
g. Goods can change in value over time while services cannot change in value since they cannot be stored

joseph rimiru answered the question on November 22, 2017 at 19:28


Next: Give the implications of the Albert Bandura theory in ECDE classroom
Previous: Outline the different types of utilities.

View More Business Studies Questions and Answers | Return to Questions Index


Learn High School English on YouTube

Related Questions