Identify the difference between tangible and intangible products and explain why most products can be thought of as falling on a tangible/intangible continuum

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Tangible products are also referred to as goods, and they can be perceived by the five senses before they are consumed. Intangible products cannot be perceived through the five senses before they are produced or consumed. Services are a major type of intangible product. Most products are a combination of a tangible good and service instead of being exclusively one or the other.

Business

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Explain how technology can help an organization.

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Business

A party is considered a merchant if that party holds herself out as having special knowledge of

the goods involved in the transaction, even if she does not regularly deal in the goods. Indicate whether the statement is true or false

Business