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EDU405 - Classroom Assessment

Question(s) similar to the following:

Elaborate ways in which physical goods are different from pure services; also provide suitable examples that illustrate these differences.

Question 1: Elaborate ways in which physical goods are different from pure services; also provide suitable examples that illustrate these differences.

Answer: Suggest Edit

Goods are tangible while services are intangible for goods ownership is transferable from seller to buyer while in services there is no ownership involved Goods are homogeneous while services are heterogeneous.

Goods Can be kept in stock while services Cannot be

For Goods Production and distribution are separated from consumption Production, but foe services distribution and consumption are simultaneous processes


Similar Questions:

Question 2: Elaborate ways in which physical goods are different from pure services; also provide suitable examples that illustrate these differences.

Answer: Suggest Edit

Goods are tangible while services are intangible for goods ownership is transferable from seller to buyer while in services there is no ownership involved Goods are homogeneous while services are heterogeneous.

Goods Can be kept in stock while services Cannot be

For Goods Production and distribution are separated from consumption Production, but foe services distribution and consumption are simultaneous processes

Past Papers of EDU405 - Classroom Assessment
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