Products & Services

Products can either be tangible or intangible.

• True

• False

Convenience goods are goods that those customers purchase without putting thought into the decision to buy them.

• True

• False

Perishable services are airline flights, auto repair, theater entertainment, and manicures.

• True

• False

Pieces of jewelry and automobile parts are examples of Imperishable products.

• True

• False

Services are actually highly perishable which makes it impossible for one to store.

• True

• False

Impulse goods are goods that the customer had no intention to buy as they walked into the store.

• True

• False

Most products are countable, touchable, and visible, a consumer can measure their stability by inspecting them.

• True

• False

Staples goods are goods that are available at low prices and are bought on a regular basis.

• True

• False

Owned-Goods Services these are services that do not involve the movement of any goods from one party to another.

• True

• False

An imperishable service simply means that it’s short-term.

• True

• False