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an economic PRODUCT which is produced to meet some personal or business demand. Goods which are purchased by individuals are called consumer goods or final goods, while goods purchased by businesses are referred to variously as producer goods, capital goods, industrial goods or intermediate goods.

Some consumer goods (nondurables), such as bread and toothpaste, are used up immediately or within days of purchase, while others, referred to as consumer durables, such as cars, washing machines and televisions, are ‘consumed’ over a time scale often running into several years and are often considered to constitute part of an individual's personal assets or wealth.

Producer goods are items which are purchased by manufacturers, etc. to be used as factor inputs in producing other goods or services. They too may be used up in the short term (for example nuts and bolts, engines, etc.) as the production cycle repeats itself, or they may constitute the firm's stock of longer-lasting (durable) fixed capital assets such as plants, equipment and machinery The provision of goods (for example, a motor car, a perfume etc.) involve a number of characteristics which set them apart from the provision of a SERVICE (for example, window cleaning), in particular tangibility - the ability of a customer to see, touch, taste or smell the good, and separability - the fact that goods are typically produced and consumed at different points in time and thus can be stored. See MARKETING.

References in periodicals archive ?
When it comes to the accidents, however, it is clear that what he attributes to his examples is goodness with respect to some substance that possesses or makes use of them.
Each day's reading includes a significant Scripture, powerful insight into experiencing God's goodness, and an invitation to claim the rest, peace and encouragement available in Christ, whatever your circumstances.
Let us imagine a world where those simple acts of Christmas kindness and goodness generate a new culture when done repeatedly even outside the Christmas season," he added.
Given the observation that many of these fruits involve issues of posturing and self-presentation this raises the interesting question if acting in the direction of goodness is simply hypocrisy.
Meals, shakes and juices from Goodness Grill are nutritionally balanced, made with fresh, locally-sourced ingredients and are proving popular with athletes and healthconscious consumers.
Rails, profile 49 E1, goodness R260 and R350HT (acc.
Featuring one hundred recipes that rely on raw, plant-based ingredients, Raw Organic Goodness is a cookbook featuring a wealth of full-color photography highlighting its sumptuous dishes, from breakfast, lunch, and dinner entrees to salads, drinks, and desserts.
The Doing Good Model: Activate Your Goodness in Business
com, the nations' leading business-to-business diversity website, named The Goodness Company, a Wisconsin marketing and advertising agency, as one of the Top 50 Women Owned Businesses in Wisconsin.
And as the kids huddle in a corner to enjoy their treat, a voice over delivers this message: 'When goodness is shared over food, life, smiles'.
GOODNESS GRACIOUS GRA ME SPECIAL 2014 (BBC2, Monday, Monday 10pm) THE cast of GOODNESS Gracious Me have reunited for a 30-minute special episode as part of BBC2's 50th anniversary celebrations.