Difference between revisions of "Intangible"
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Latest revision as of 21:36, 5 June 2020
Intangible refer to characteristic of services that means that services (unlike manufactured goods) cannot be inventoried or carried in stock over a long period of time.
Definition
According to Managing Quality by Foster (6th edition),
- Intangible. A characteristic of services that means that services (unlike manufactured goods) cannot be inventoried or carried in stock over a long period of time.