Outline four differences between a good and a service.

      

Outline four differences between a good and a service.

  

Answers


Davis
A good
-Goods are tangible Intangible
-Quality can be standardized Quality varies
-Goods can be stored Services cannot be stored
-Goods can be separated from owner/provider

A Service
-Services cannot be separated from owner/
provider
-Goods paid for ownership Services paid for experience
-Not always perishable Always/ highly perishable
Githiari answered the question on September 22, 2017 at 21:43


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