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
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
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