Question

Give an example of a Tangible and Intangible product that you would use in your nonprofit organization?

Answer 1

The tangible product includes the physical products that we can touch and feel. Consider I am running a school which is a nonprofit organization to help the children from poor families. The books and stationeries provided by the school to the students constitute the tangible product. The intangible products cannot be seen or touched and it includes the services offered by our organization. The educational services provided by our school constitute the intangible product because the learning acquired by the students cannot be seen physically and should be perceived indirectly.