Hypernyms (Tudor is a kind of...): ruler; swayer (a person who rules or commands) Holonyms (Tudor is a member of...): House of Tudor; Tudor (an English dynasty descended from Henry Tudor; Tudor monarchs ruled from Henry VII to Elizabeth I (from 1485 to 1603)) â¢ TUDOR (adjective)
A good is defined as something tangible, whereas a service is always intangible such as a lawyerâs advice or maintenance of your computer by a professional. However, it is common to talk about products of a company, and we refer to the product line of a company when describing the goods and services offered by it.For most of us, goods and products are synonyms to be used interchangeably. Let us take a closer look.owever, it is common to talk about products of a company, and we refer to the product line of a company when describing the goods and services offered by it. For most of us, goods and products are synonyms to be used interchangeably. Let us take a closer look.
A 'good' in economic usage does not imply moral acceptance or even legality. A service is the non-material equivalent of a good. A service provision is an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. 'good' in economic usage does not imply moral acceptance or even legality. A service is the non-material equivalent of a good. A service provision is an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods.