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Capital Items Notes: Definitions & Explanations PDF Download

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Study Capital Items lecture notes PDF with marketing definitions and explanation to study What is Capital Items?. Study capital items explanation with marketing terms to review marketing course for online MBA programs.

Capital Items Definition:

  • Long-lasting goods that facilitate developing or managing the finished product.

    Principles of Marketing by Philip T. Kotler, Gary Armstrong



Capital Items Notes:

Human made products are known as capital goods, it incorporates business items to produce goods and services like machinery, buildings, equipment, vehicles, and tools. These items are purchased in order to manufacture goods for the consumer and provide them best quality products. They are mainly recorded as assets on a balance sheet of the company.

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