Whois & Analysis for ecvv.com

In economics, goods are materials that satisfy human wants and provide utility, for example, to a consumer making a purchase of a satisfying product.

A common distinction is made between goods that are tangible property, and services, which are non-physical.

A good is a consumable item that is useful to people but scarce in relation to its demand, so that human effort is required to obtain it.

In contrast, free goods, such as air, are naturally in abundant supply and need no conscious effort to obtain them.

In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services.

In economics, a service is a transaction in which no physical goods is transferred from the seller to the buyer.

The benefits of such a service are held to be demonstrated by the buyer's willingness to make the exchange.

Public services are those that society (nation state, fiscal union, region) as a whole pays for.

Using resources, skill, ingenuity, and experience, service providers benefit service consumers.

Procurement is the act of finding, acquiring, buying goods, services or works from an external source, often via a tendering or competitive bidding process.

The process is used to ensure the buyer receives goods, services or works at the best possible price, when aspects such as quality, quantity, time, and location are compared.

Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risk, such as exposure to fraud and collusion.

Written records of the history of China can be found from as early as 1500 BC under the Shang dynasty (c.

1600–1046 BC).

Ancient historical texts such as the Records of the Grand Historian (ca.

100 BC) and the Bamboo Annals (before 296 BC) describe a Xia dynasty (c.

2070–1600 BC), which had no system of writing on a durable medium, before the Shang.

The Yellow River is said to be the cradle of Chinese civilization, although cultures originated at various regional centers along both the Yellow River and the Yangtze River valleys millennia ago in the Neolithic era.

With thousands of years of continuous history, China is one of the world's oldest civilizations, and is regarded as one of the cradles of civilization.