Business Services

Question

Define services and goods.

Answer

Services : Services are all those economic activities that are intangible and imply an interaction to be realised between service provider and consumer.

Goods: A goods is a physical product capable of being delivered to a purchaser and involves the transfer of ownership from seller to customer. Goods also generally used to refer to commodities or items of all types, excepting services, being involved in trade or commerce.

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