This article is about a term used in economics. For other uses, see service (disambiguation).

In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets.

By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions.

More on [ Service ]

Products and Services - Twitter Search

Give #feedbacks and #reviews on #products and #services your recieved recently #ihave http://bit.ly/4s62PB
LinkU2 (LinkU2 UK Directory) Thu, 10 Dec 2009 04:30:30 -0000
Give #feedbacks and #reviews on #products and #services your recieved recently #ihave http://bit.ly/4s62PB
AOL-Time Warner Divorce Is Official: As it attempts to clean up its current products and services, aol's competitor... http://bit.ly/6qYKJz
bmqmen (bmqmen) Thu, 10 Dec 2009 03:33:50 -0000
AOL-Time Warner Divorce Is Official: As it attempts to clean up its current products and services, aol's competitor... http://bit.ly/6qYKJz
One of the most effective media through which you can get more and more people to know about your products and services is the internet.
ortecindia (Ortecindia) Thu, 10 Dec 2009 03:32:53 -0000
One of the most effective media through which you can get more and more people to know about your products and services is the internet.
Solve is thrilled to begin strategic planning meetings with clients. New products and services to save money and... http://bit.ly/8Xc6h6
SolveSolutions (Solve LLC) Thu, 10 Dec 2009 03:28:23 -0000
Solve is thrilled to begin strategic planning meetings with clients. New products and services to save money and... http://bit.ly/8Xc6h6
RT @SkinChicInc: Purchase a $200 Skin Chic gift card and receive a $50 voucher to spend on products or services in the store. Hurry offe ...
Fug711 (Meg Hansen) Thu, 10 Dec 2009 03:09:01 -0000
RT @SkinChicInc: Purchase a $200 Skin Chic gift card and receive a $50 voucher to spend on products or services in the store. Hurry offe ...
Business Grow Tip. Discovering and promoting new uses for your products or services is a great way to attract new customers.
LinksManagement (Yaroslav Korchagin) Thu, 10 Dec 2009 03:06:27 -0000
Business Grow Tip. Discovering and promoting new uses for your products or services is a great way to attract new customers.

Subscribe to Products_and_Services RSS feed