Differences between goods and services in service management
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Differences Between Services and Goods. There are five essential differences between services and goods. The first is that a service is an intangible process that cannot be weighed or measured, whereas a good is a tangible output of a process that has physical dimensions.
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Service Management - This is management usually deals in with the Services provided to the final customers or to the outsourcing service companies in the market to manage as per the agreement.
Goods - Goods are a valuable asset of the firm or the business. These are tangible. Goods can be stocked up. Goods can be deal with in both semi-finished and finished goods. Goods have separate identify another than the business.
Services - Service are intangible assets.
They are produced at the time of consumption. They are different according to the different customers. They can't be separated from the consumer.
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