What the help of examples explain the difference between goods and services
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goods
ex.if you buy any pjone it is good
servise
ex.the company of phone attends you it is called servises
ex.if you buy any pjone it is good
servise
ex.the company of phone attends you it is called servises
Answered by
2
Goods are the material items that can be seen, touched or felt and are ready for sale to the customers.
Example: Books, pen, bottles, bags, etc.
Services are amenities, facilities, benefits or help provided by other people
Example: Postal services, banking, insurance, transport, communication, etc.
Key Differences are
1.Goods can be returned but services not
2.Goods can be seperated from seller
Services cant.
3.there is a lag between production and consuption of goods
but in the case of services the production and consuption take place simultaneously
4.The evaluation of services is difficult because every service provider has a different approach of carrying out services, so it is hard to judge whose services are better than the other as compared to goods.
5.A particular product will remain same regarding physical characteristics and specifications, but services can never remain same.
6.Goods can be stored for future use, but services are time bound, i.e. if not availed in the given time, then it cannot be stored.
Hope You will get a glance about goods$services.
Example: Books, pen, bottles, bags, etc.
Services are amenities, facilities, benefits or help provided by other people
Example: Postal services, banking, insurance, transport, communication, etc.
Key Differences are
1.Goods can be returned but services not
2.Goods can be seperated from seller
Services cant.
3.there is a lag between production and consuption of goods
but in the case of services the production and consuption take place simultaneously
4.The evaluation of services is difficult because every service provider has a different approach of carrying out services, so it is hard to judge whose services are better than the other as compared to goods.
5.A particular product will remain same regarding physical characteristics and specifications, but services can never remain same.
6.Goods can be stored for future use, but services are time bound, i.e. if not availed in the given time, then it cannot be stored.
Hope You will get a glance about goods$services.
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