Question

Write each item listed below to the appropriate category . GOODS SERVICES Cutting Hair Doctor Computers Cleaning Business Tasks performed by people that customers will buy to satisty a want or need Jewelry Package Delivery Business Massage Therapist Groceries Material items or products that customers will buy to salisty a want or need Cars Clothing Dentist Ice Cream Waiting Tables Magazines Teaching

Answer 1

Goods are actual tangible items that a person can buy in other to satisfy their needs and/ wants while Services are intangible but are provided to a person by another person in order to satisfy the needs and/or wants of the person the services are being provided for.

GOODS;

• Material items or products that customers will buy to satisfy a want or need
• Jewelry
• Groceries
• Computers
• Cars
• Clothing
• Ice Cream
• Magazines

SERVICES

• Tasks performed by people that customers will buy to satisfy a want or need
• Cutting Hair
• Doctor
• Cleaning Business
• Package Delivery Business
• Massage
• Therapist
• Dentist
• Waiting Tables
• Teaching