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CAPITAL GOODS:
Capital goods are defined as man-made, durable items used by businesses to produce goods and services. These items include tools, machinery and equipment.
Capital goods are also known as durable goods, real capital, economic capital, and even just the work "capital." This last term is confusing because it is also used to mean financial capital. In accounting, capital goods are treated as fixed assets, otherwise known as plant, property, and equipment (PP&E). Capital goods are one of the four factors of production
The main feature of the Capital goods are heavy investments from the supplier point of view and heavy money transfer involvement from the Buyers or Investors point of view. And many are Heavy Engineering and user of highly sophisticated technology.
In addition to marketing skills, Engineering skills, Technical know-how, Negotiation skills, High professionalism in all aspects are a pre requisite and also require High experience level and integrity.
