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Marketing i. Services differ from goods in terms of Intangibility, Inseparability, Inconsistency and Inventory. Explain and provide an...

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Operations Management

Marketing

i. Services differ from goods in terms of Intangibility,Inseparability, Inconsistency and Inventory.

Explain and provide an example of Intangibility

Explain and provide an example of Inseparability

Explain and provide an example of Inconsistency

Explain and provide an example of Inventory

Answer & Explanation Solved by verified expert
3.9 Ratings (643 Votes)
Intangibility Intangibility is one of the main and important characteristics of service which distinguish service from goods Intangibility simply refers to the inability to see or touch something Service have the feature that it is invisible and intangible Service is something which is transacted between buyer and seller which have no physical appearance and its benefit only can be demonstrated or felt by the buyer Example Transportation In transportation service the benefit of the buyer of service is invisible and intangible The passenger give a price but not exchanging    See Answer
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