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OM 7 .Goods vs Services

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Feb 21, 2026
11:23

OM - Goods vs. Services Attributes of Goods (Tangible Product): Can be resold Can be inventoried Some aspects of quality measurable Selling is distinct from production Product is transportable Site of facility important for cost Often easy to automate Revenue generated primarily from tangible product Attributes of Services (Intangible Product) Reselling unusual Difficult to inventory Quality difficult to measure Selling is part of service Provider, not product, is often transportable Site of facility important for customer contact Often difficult to automate Revenue generated primarily from the intangible service

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OM 7 .Goods vs Services | NatokHD