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luda_lava [24]
4 years ago
13

A service is any intangible offering that involves a deed, performance, or effort that _________.

Social Studies
1 answer:
Sati [7]4 years ago
5 0

<u>Answer:</u>

Any deed, performance, or effort that cannot be physically possessed is referred to as an intangible offering called service.

<u>Explanation:</u>

  • Unlike a physical commodity, which is tangible in nature, a service that does not have any physical form, cannot be possessed as an asset.
  • This is because, the service is rendered by an institution or an individual to another institution or individual through providing perks that are not measurable in mass or matter.
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