Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

What is the difference between goods and services,tell any 5?

Asked by avik sanyal, 25 Jun '09 01:19 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (5)

 
1.

1. Goods are tangible but services are intangible.
2. The ownership rights of goods are transferable, but there is no ownership involved in services.
3. Once goods are produced, their quality remains uniform, but the qulality of service varies step to step (with the change in evironmental conditions)
4. Goods may be perishable or non-perishable, but they can be stored for a long time. Serivices cant be stored for a long time and they are only perishable.
5. Goods are produced using raw material, but services are not produced using raw material. They are automatically formed with the change in evironment.
6. Services have ultimate and strong impact on demand for goods. But services have not ultimate effect on demand for goods, and if there is an impact, it will be negligible.
Answered by Awais Ahmad, 25 Sep '10 04:43 pm

 
  
Report abuse
Useful
 (7)
Not Useful
 (0)
Your vote on this answer has already been received
2.

Goods : selling is depends on production of goods.
services : selling is a part of the production of service.

goods: location of facility is important for cost.
services : location of facility is not important.

goods : goods are produced and later on it is consumed separable.
services : services are produced and consumed simultaneously(inseparable).

goods : goods can stored and invented. ...more
Answered by Dharini Lad, 27 Jul '11 03:26 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Goods are classifed into two consumer goods which are used in daily life like tooth paste ,soap, cofee ,tea, presitge pressure pans etc
serive they are mere serive provide service to cutomers
like postal serive, couier service,transportation,banking, education, etc
there are products like fridge, telivision, motorbike, car washing machine these products should have good after sales service and it has warenty attached to it .
Answered by gopakumarmnn, 25 Jun '09 04:40 pm

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
4.

1)tangibility, 2) change of ownership 3) services are heterogeneous ,goods are homogenious 4)
Answered by neeraj, 25 Jun '09 01:35 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received
5.

When one buys a refrigerator it is defined as a good but then the service angle is the part that starts after the sales of the good. Service is an important part of the entire package that one buys. It is more entwined when one buys a laptop. The laptop is a physical good but then the service in terms of soft wares/installations etc is a continuous process. It is difficult to detach the service from the physical good. Both are now part of the package.

Goods - things you can touch - tangible
Services - things you cant touch - but you can see their effect intangible
services are not physical, they are intangible
A Service is a type of a product.
Services have special characteristics that make them different than products.
A product without physical characteristics; a bundle of performance and symbolic attributes designed to produce consumer want satisfaction
Answered by edge, 25 Jun '09 01:33 am

 
  
Report abuse
Useful
 (0)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining