TLE 5

PRODUCT
S AND
SERVICES
MS. JULIE ANN A. CORTEZ
Bring a sample
product of
your choice.
What factors
do you
consider when
you buy
Do you always
buy things
beacuse of the
brand? quality
 distinguish the differences
between goods and services.
Course
Objecti
Give examples of goods and
services

ves Define goods as objects that satisfy individual

wants and services as activities performed by
people, firms, or government agencies to
satisfy economic wants.

Match services and productive resources

to the appropriate producer.

Identify that money is used by people to

buy and use goods and services.
Produ Results of different materials made, grown,
processed and innovated into something sold or

cts
used.

These are tangible goods than can be seen,

touched, smelled, and tasted like food,
clothing, accessories, and many more.
 Types of
DURABLE GOODS Products NONDURABLE GOODS

Products useful over long periods of Products that are easily consumed or
time, and are expensive because of worn out, become unfashionable, and
the quality of their materials. may no longer be popular.
What are the
five senses?
Do you use your five
senses when you buy
things that belong in
the product
industries? How?
Servic
es
Services are paid functions provided by experts
or professionals that are available as
entrepreneurial activities.
 Types of
Services
Rental Goods Service. OWNED GOODS SERVICE

Facilities or products of the seller are Seller renders repair and maintenance
rented by the customer for a certain services to the products of the
period of time. customer or buyer.
Types of
Services
Non-Goods Service.

Entrepreneurs rendering non-goods

services provide personal service or
professional expertise.
 BLEANGITIN ABLERIPESH

Characteristics of Cannot be touched, Cannot be stored for

Services
stored, transported, future use.
packaged or tested
before buying.

LITYRIAVABI
SENIRAPABLE

Cannot be separated Difficult to standardized

from the person who because each service
offers it, provider has varied
performances.
 INTANGIBLE PERSIHABLE

Characteristics of Cannot be touched, Cannot be stored for

Services
stored, transported, future use.
packaged or tested
before buying.

VARIABLITY
INSEPARABLE

Cannot be separated Difficult to standardized

from the person who because each service
offers it, provider has varied
performances.
 Food Service
Popular Couturier Service
Types of
Services and
Beauty shop Service
Related
Activities Art Service

Dry cleaning
Popular Mechanic Service

Types of Delivery Service

Services and
Related Communication Service
Activities
Hotel Industry Service
Which business is
much better, to have
a servie business or a
product business?
Why do you think
so?
Why do you need to
consider the location
or environment when
putting up a
business?
 Technology-related business
Profitab
le
Selling of souvenir items.
products and
services Selling of organic food.

Education-related business.

Food-food related business.