What is service in the business?
A business service refers to activities that benefit a company without supplying tangible products. These services may comprise marketing, event planning, training, waste management and other types of non-tangible services that benefit the company.
What do we mean by services?
A service is an "(intangible) act or use for which a consumer, firm, or government is willing to pay." Examples include work done by barbers, doctors, lawyers, mechanics, banks, insurance companies, and so on. Public services are those that society (nation state, fiscal union or region) as a whole pays for.
WHAT IS services in business examples?
What is a service business? A service business is a company that performs tasks for the benefit of their customers. These tasks can include transportation, cleaning, traveling, hospitality, maintenance or consulting.
What are services short answer?
Services are essentially intangible activities which are separately identifiable and provide the satisfaction of wants. We cannot keep it in stock. Their purchase does not result in the ownership of anything physical. Services involve an interaction to be realised between the service provider and the consumer.
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