What term describes physical goods, such as cars, computers and smartphones?

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Master the Business Management 7 P's exam. Test your knowledge with multiple-choice questions, each with hints and explanations. Prepare with confidence and ace your exam!

Multiple Choice

What term describes physical goods, such as cars, computers and smartphones?

Explanation:
Physical form is what “tangible” refers to. Cars, computers, and smartphones are tangible products because you can see, touch, and hold them and own them as physical items. This sets them apart from services, which are acts performed for you, and from digital or intangible products, which exist in non-physical form (software, online media, licenses, etc.). So the term for these physical goods is tangible products.

Physical form is what “tangible” refers to. Cars, computers, and smartphones are tangible products because you can see, touch, and hold them and own them as physical items. This sets them apart from services, which are acts performed for you, and from digital or intangible products, which exist in non-physical form (software, online media, licenses, etc.). So the term for these physical goods is tangible products.

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