Answer: A) Tangible goods
This term describes the physical products that are sold by entities whose core business is manufacturing. For example, a car manufacturer sells tangible goods such as cars, parts, and accessories.
Intangible goods are non-physical products that are sold by entities whose core business is service. For example, a bank sells intangible goods such as loans, deposits, and financial advice.
Ancillary services are supplementary services that are offered by entities whose core business is either manufacturing or service. For example, a hotel offers ancillary services such as room service, laundry, and spa.
Primary services are the main services that are offered by entities whose core business is service. For example, a restaurant offers primary services such as food, beverages, and hospitality.
