2. Actions which are intangible in nature
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Explanation:
They can't be seen, heard, tasted, touched or smelled. A few examples of intangible products are insurance, investment banking, travel, training, and courses
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Intangible actions are actions that cannot be touched or seen.
- Because they don't have a physical existence, intangible goods are distinct. They are things that can be purchased and sold but not handled, such as websites, licensed rights, or intellectual property.
- The ideal illustration of an intangible good is your phone. The phone is a material object that has a physical existence and probably comes with a variety of accessories.
- However, the operating system is required for the phone to function, hence the name, and both iOS and Android are intangible goods.
- The same goes for all the apps that distinguish your phone as being uniquely yours rather than someone else's, such as your games, favorite social media apps, and teamwork tools for the workplace.
- Except in the sense that they're inside your phone, you cannot fold them, place them on a shelf, or hold them in your hand. They are intangible because they have no physical existence.
For more information on intangible goods, refer to these answers:
https://brainly.in/question/13816135
https://brainly.in/question/28210745
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