Explaining the Meaning of and Differences between Products a

These are tangible goods.

• Products

• Services

• Sales

• Business

Products useful over long periods of time, and are expensive.

• Product

• Services

• Durable Products

• Non-durable Products

Products that are easily consumed or worn out.

• Durable Products

• Sales

• Services

• Non-Durable Products.

Paid functions provided by experts or professionals that are available as entrepreneurial activities.

• Products

• Services

• Sales

• Business

The services cannot be touched, stored, transported, packaged, or tested before buying.

• Perishable

• Intangible

• Variability

• Inseparable

The services are difficult to standardize because each service provider has varied performance.

• Intangible

• Perishable

• Variability

• Inseparable

The seller renders repair and maintenance services to the products of the costumer or buyer.

• Rental Goods Services

• Non-Good Services

• Owned Good Services

• Services

The facilities or products of the seller are rented by the costumer for a certain period of time.

• Non-Good Services

• Services

• Owned Good Services

• Rental Good Services

Who are those people who may benefit from these service "Babysitting"

• Working mothers

• Infants

• Teacher

• Preschoolers

A successful entrepreneur must have the obligation to produce products and services that will meet the costumers’ needs.

• True

• False