What Is the Primary Difference Between a Good and a Service

question 90

Multiple Choice

What is the primary difference between a good and a service?

• A)A good costs more to produce than a service.
• B)A service is tangible, and a good is intangible.
• C)A good is tangible, and a service is intangible.
• D)A good costs more to market than a service
• E)The development costs for a service is higher than for a product.

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Definitions:

Sentiment Analysis

The computational process of determining and categorizing opinions expressed in text data to understand sentiments towards products, services, or topics.

Customer Comments

Refers to feedback or opinions provided by consumers regarding their experiences with a company's products or services.

Shipment Tracking

A system that allows customers to monitor the status and location of their orders in real-time as they are transported.

Social Media Engagement

The interaction between brands and users on social media platforms, including likes, comments, shares, and direct messages, fostering community and brand loyalty.