Tag «five differences between goods and services»

Differences Between Goods and Services – Examples

Differences Between Goods and Services - Examples

Broadly speaking, four generic differences distinguish services from goods.  These are Intangibility, Inseparability (simultaneity of production and consumption), Heterogeneity (Variability), and Perishability. Marketing and managerial services vs goods differences Arising from these differences are several important marketing and management implications which include: Greater involvement of customers in the production process People as part of the …