Answer:
The answer is below:
Step-by-step explanation:
Services are a byproduct of a business firm which is done in exchange for money. However, unlike the products or goods, it has its distinct features or characteristics.
Hence, there are various Features of services, some of which includes the following:
1. Intangibility: they are not tangible or cannot be touched
2. Perishability: they cannot perish like goods
3. Inseparability: services under the ae work or elements cannot be separated like goods
4. Heterogeneity: the quality of services is diverse, hence, the price and time of delivery vary.
5. Ownership: unlike the goods, when it comes to services the person rendering services is the one that tends to move around.