Describe Some of the Generic Differences Between the Production of Goods

Question

Examlex · Accepted Answer

The Answer is The primary distinction relates to the intangible nature of services and the physical tangibility of goods.A successful answer may note that all products are a mixture of the tangible and the intangible;however products that are considered to be services require a more intensive customer interaction with the transformation process than do goods.This topic is discussed in the text under the heading "Differences between goods and services" on page 10.

Describe Some of the Generic Differences Between the Production of Goods

Definitions: