Hypernyms (Tudor is a kind of...): ruler; swayer (a person who rules or commands) Holonyms (Tudor is a member of...): House of Tudor; Tudor (an English dynasty descended from Henry Tudor; Tudor monarchs ruled from Henry VII to Elizabeth I (from 1485 to 1603)) â¢ TUDOR (adjective)
A good is defined as something tangible, whereas a service is always intangible such as a lawyerâs advice or maintenance of your computer by a professional. However, it is common to talk about products of a company, and we refer to the product line of a company when describing the goods and services offered by it.For most of us, goods and products are synonyms to be used interchangeably. Let us take a closer look.owever, it is common to talk about products of a company, and we refer to the product line of a company when describing the goods and services offered by it. For most of us, goods and products are synonyms to be used interchangeably. Let us take a closer look.
Both goods and services need not be driven by economic motives. Several times goods and services are linked closely and cannot be detached. For example on purchase of a car, the good is the car but the processing, the provision of accessories, after sales activities are all services.It is essential to note that the difference between pure goods and pure services are in contrast but most goods and services exist in between with a mix of both.For instance, in a restaurant, food refers to goods while the service is the waiters offering, the ambience, the setting of tables amongst others. Summary:1. Goods are tangible, and transferable while the services are intangible and non transferable. 2.oth goods and services need not be driven by economic motives. Several times goods and services are linked closely and cannot be detached. For example on purchase of a car, the good is the car but the processing, the provision of accessories, after sales activities are all services.