InterviewSolution
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InterviewSolution
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How Can You Differentiate Between A Product And A Service? |
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Answer» A PRODUCT is something you can see, touch and FEEL which makes it TANGIBLE and non-perishable. It remains same for different people, it's standardized. In a product, the production and consumption are done at a different time. A service is intangible, HETEROGENEOUS and perishable. The production and consumption of a service OCCUR at the same time. A product is something you can see, touch and feel which makes it tangible and non-perishable. It remains same for different people, it's standardized. In a product, the production and consumption are done at a different time. A service is intangible, heterogeneous and perishable. The production and consumption of a service occur at the same time. |
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