Question

Create a list and rank the following products/services using intangibility. The list will rank tangible goods at the top and totally intangible services at the bottom.

Products/Services Blue Jeans Car Dental Examination Meal at a Nice Restaurant Golf Lessons Haircut Hotel Room

Houseplant Ice Cream Cone Jewelry Laundry Detergent "Lean Cuisine" Dinner Running Shoes TV Repair Vacation Package

Answer 1

Answer to the question:

Tangible Goods

Tangible Goods are those goods that can be physically touched to satisfy the needs. So below are the items are are physically touched to satisfy someones need.

1. Blue Jeans

2. Car

3. Meal at Nice Restaurant

4. Hotel room

5. House Plant

6. Ice Cream Cone

7. Jewelry

8. Laundry detergent

9. "Lean Cuisine" Dinner

10. Running Shoes

Intangible Services

Intangible services are those that do not have any physical nature. Therefore one can not physically touch those services. Below are the items that can not be physically touched by someone. For example one can not touch Golf lessons but yes one can try to understand the golf lessons. Here we also have mentioned hair cut. Although hair can be touched but hair cut is a service that is delivered by the barber.

1. Dental examination

2. Golf Lessons

3. Haircut

4. TV Repair

5. Vacation Package