Goods and Services (Exit Ticket)

Goods are tangible. What is the meaning of tangible?

• They have a physical presence and they can be touched or seen.

• Something that exists but cannot be touched

Services are intangible. What is the meaning of intangible?

• They have a physical presence and they can be touched or seen.

• Something that exists but cannot be touched

The purpose of ___________ is to provide utility and satisfaction to the consumer.

• Goods

• Services

• Both goods and services

Choose the meaning of 'Inventories'

• the right or state of being an owner

• the amount of goods a shop has, or the value of them

• used to describe products, especially food, that decay quickly:

• the fact of consisting of parts or things that are very different from each other

Choose the meaning of 'Heterogeneity'

• the right or state of being an owner

• the amount of goods a shop has, or the value of them

• used to describe products, especially food, that decay quickly:

• the fact of consisting of parts or things that are very different from each other

Choose the meaning of 'Ownership'

• the right or state of being an owner

• the amount of goods a shop has, or the value of them

• used to describe products, especially food, that decay quickly:

• the fact of consisting of parts or things that are very different from each other

Choose the meaning of 'Perishable'

• the right or state of being an owner

• the amount of goods a shop has, or the value of them

• used to describe products, especially food, that decay quickly:

• the fact of consisting of parts or things that are very different from each other