A Good is a thing people make or use to satisfy their needs or wants
Examples: food grains, water, fruits, gold, cloths, jewellery, laptop, radio, TV, washing machine, fridge, microwave oven, grinder, fan, air conditioner, mixer, tape recorder, tube light etc
A Service is an activity that satisfy people's needs or wants
Examples: Saloon service, laundry service, teaching, nursing, harvesting, electrician services, driving services, postal services, carpentry services, gold smith services, maid services, sweeper, police, plumber, tailoring etc
Goods are tangible whereas services are intangible
Examples: food grains, water, fruits, gold, cloths, jewellery, laptop, radio, TV, washing machine, fridge, microwave oven, grinder, fan, air conditioner, mixer, tape recorder, tube light etc
A Service is an activity that satisfy people's needs or wants
Examples: Saloon service, laundry service, teaching, nursing, harvesting, electrician services, driving services, postal services, carpentry services, gold smith services, maid services, sweeper, police, plumber, tailoring etc
Goods are tangible whereas services are intangible
No comments:
Post a Comment
Note: only a member of this blog may post a comment.