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  2. Intangibility - Wikipedia

    en.wikipedia.org/wiki/Intangibility

    Intangibility refers to the lack of palpable or tactile property making it difficult to assess service quality. [1] [2] [3] According to Zeithaml et al. (1985, p. 33), “Because services are performances, rather than objects, they cannot be seen, felt, tasted, or touched in the same manner in which goods can be sensed.” [4] As a result, intangibility has historically been seen as the most ...

  3. Intangible good - Wikipedia

    en.wikipedia.org/wiki/Intangible_good

    An intangible good is claimed to be a type of good that does not have a physical nature, as opposed to a physical good (an object). Digital goods such as downloadable music , mobile apps or virtual goods used in virtual economies are proposed to be examples of intangible goods.

  4. Glossary of experimental design - Wikipedia

    en.wikipedia.org/wiki/Glossary_of_experimental...

    Design of Experiments: A systematic, rigorous approach to engineering problem-solving that applies principles and techniques at the data collection stage so as to ensure the generation of valid, defensible, and supportable engineering conclusions [1] Design Point: A single combination of settings for the independent variables of an experiment.

  5. Goods and services - Wikipedia

    en.wikipedia.org/wiki/Goods_and_services

    For example, a restaurant provides a physical good (prepared food), but also provides services in the form of ambience, the setting and clearing of the table, etc. Although some utilities, such as electricity and communications service providers , exclusively provide services, other utilities deliver physical goods, such as water utilities .

  6. Quantification (science) - Wikipedia

    en.wikipedia.org/wiki/Quantification_(science)

    In some instances in the natural sciences a seemingly intangible concept may be quantified by creating a scale—for example, a pain scale in medical research, or a discomfort scale at the intersection of meteorology and human physiology such as the heat index measuring the combined perceived effect of heat and humidity, or the wind chill ...

  7. Experiment - Wikipedia

    en.wikipedia.org/wiki/Experiment

    An experiment is a procedure carried out to support or refute a hypothesis, or determine the efficacy or likelihood of something previously untried. Experiments provide insight into cause-and-effect by demonstrating what outcome occurs when a particular factor is manipulated. Experiments vary greatly in goal and scale but always rely on ...

  8. Goods - Wikipedia

    en.wikipedia.org/wiki/Goods

    Although common goods are tangible, certain classes of goods, such as information, only take intangible forms. For example, among other goods an apple is a tangible object, while news belongs to an intangible class of goods and can be perceived only by means of an instrument such as printers or television.

  9. Intangible asset - Wikipedia

    en.wikipedia.org/wiki/Intangible_asset

    The Australian Accounting Standards Board included examples of intangible items in its definition of assets in Statement of Accounting Concepts number 4 (SAC 4), issued in 1995. [6] The statement did not provide a formal definition of an intangible asset, but did explain that tangibility was not an essential characteristic of an asset.