Match each foundational business and economics term with its correct definition: Terms: 1. Data 2. Information 3. Good 4. Service 5. Utility Definitions: A. Raw, unorganized facts, figures, and symbols B. Data that has been processed, organized, and structured to provide meaning C. A physical, tangible commodity that can be held or stored D. An intangible activity, benefit, or performance that does not result in ownership E. The capacity of a product or service to satisfy a consumer's want or need

### The pairs | Item | Matches | Why | |---|---|---| | Data | Raw facts and figures | Data have not yet been processed into useful findings. | | Information | Processed data | Analysis and organization make data interpretable for decisions. | | Good | A tangible commodity | A good is a physical item, such as food or a laptop. | | Service | An intangible activity or offering | A service is provided through an activity or experience rather than as a physical object. | | Utility | The ability to satisfy a need, want, or desire | Utility describes the satisfaction a consumer can receive from a commodity. | ### Remember Separate raw evidence from processed findings, and physical goods from services.