Asked by Abbie Mulbarger on May 09, 2024

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The basic difference between a good and a service is that a good

A) provides intangible benefits.
B) can be physically touched.
C) is always less expensive than a corresponding service.
D) generates greater interest among consumers.
E) is more quickly forgotten by consumers.

Intangible Benefits

Advantages derived from a product or service that cannot be physically touched or quantified, such as customer service quality or brand reputation.

Physically Touched

In a marketing context, refers to the consumer's physical interaction or experience with a product.

  • Comprehend the disparities between goods and services in the context of marketing.
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KS
Kennedy SettjeMay 10, 2024
Final Answer :
B
Explanation :
A good is a tangible item that can be physically touched or held, whereas a service is intangible and cannot be touched or held.