Microsoft 365
Allowing employees to work away from the office seamlessly and securely is important for many organizations to save on office space, hire and retain employees who are unwilling to relocate, and reduce employee commuting, leaving them with more time to be productive and for stress-reducing activities outside of work.
VoIP Services
A tangible product is a physical object that can be perceived by touch such as a building, vehicle, gadget, or clothing.
Microsoft Cloud
An intangible product is a product that can only be perceived indirectly such as an insurance policy.
Service-Commodity Goods Continuum
Business services are a recognisable subset of Economic services, and share their characteristics. The essential difference is that Business are concerned about the building of Service Systems in order to deliver value to their customers and to act in the roles of Service Provider and Service Consumer.
Service Specification
Most products fall between these two extremes. For example, a restaurant provides a physical good, but also provides services in the form of ambience, the setting and clearing of the table, etc.
Economic Services
And although some utilities actually deliver physical goods — like water utilities which actually deliver water — utilities are usually treated as services.
