16. Service is
(a) tangible (b) intangible
(c) both a and b (d) physical Product
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Answered by
7
Answer:
from my point of view service is intangible.
Answered by
1
Answer:
Service is Intangible.
Explanation:
- Tangible substances are the substances that are physical in nature and can be touched and seen by others. Example: pen, hands, goods sold etc.
- Intangible substances are the substances that are not physical in nature cannot be seen or touched by others. Example: data, education, software, etc.
- Service is the prime example of intangible item as it cannot be seen or touched and do not exist in physicality. Services are just rendered by one person to another and the receiving person can derive benefit from it . It is not like selling goods which exist in physical form.
- Example of services are: health care service, education service, taxation services, tour and travels services etc.
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