Business Studies, asked by Manalocon, 8 months ago

These are tangible item manufactured by businesses. Such as laptops

Answers

Answered by lovingheart
0

Goods are tangible items.

Explanation:

  • Goods are manufactured by businesses or industries.
  • They are visible and goods can be touched and stored.
  • Example of tangible goods are laptops, books, jewellery, etc.
  • Opposite to tangible items, services are the intangible.
  • They can't be visible, touched and stored.
  • Example of services are lawyers, doctors, car washes, etc.
  • Both goods and services are basis for standard of living.
  • Consumer satisfaction is most important in production of goods and providing services.
  • Some goods are not considered as consumer goods, because they are used as raw material like copper, etc.

To Learn More...

1.What are tangible goods

https://brainly.in/question/236900

2.3 tangible goods produces by business firm

https://brainly.in/question/23348328

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