Which term best describes the tangible outputs such as smartphones and clothing?

Study for the Business Management (BM) 7 P's of Business Test. Prepare with quizzes and detailed explanations to ace your exam!

Multiple Choice

Which term best describes the tangible outputs such as smartphones and clothing?

Explanation:
Tangible outputs are physical items produced by a business that customers can touch, store, and own. Smartphones and clothing fit this description because they have a physical form and can be inventoried or transported. This makes them goods. In contrast, services are intangible performances delivered to customers and cannot be owned or held in the same way. Slogans are marketing phrases, not outputs, and brokers are intermediaries who facilitate transactions rather than the products themselves. So the term that best describes these tangible items is goods.

Tangible outputs are physical items produced by a business that customers can touch, store, and own. Smartphones and clothing fit this description because they have a physical form and can be inventoried or transported. This makes them goods.

In contrast, services are intangible performances delivered to customers and cannot be owned or held in the same way. Slogans are marketing phrases, not outputs, and brokers are intermediaries who facilitate transactions rather than the products themselves. So the term that best describes these tangible items is goods.

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