1. what is the difference between services and goods.
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Goods are tangible, as in these have a physical presence and they can be touched, while services are intangible in nature. ... The purpose of both goods and services is to provide utility and satisfaction to the consumer.
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Goods are tangible, as in these have a physical presence and they can be touched, while services are intangible in nature. The purpose of both goods and services is to provide utility and satisfaction to the consumer
.Basis of Comparison Goods Services
Storage Goods. can be stored Services cannot be stored
Perishable Not all goods are perishableServices are perishable
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