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.

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maniac_rare (maniac.rare@yahoo.in) Sat, 19 Dec 2009 10:13:46 -0000
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datingvirgin (virgin dating) Sat, 19 Dec 2009 09:24:03 -0000
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Where there's a will, there's a way: Lim says financial planners are already providing products and services in the... http://bit.ly/59PAbA
investmart (Jason Lampa, MBA) Sat, 19 Dec 2009 09:17:01 -0000
Where there's a will, there's a way: Lim says financial planners are already providing products and services in the... http://bit.ly/59PAbA
No matter how good your marketing is, the quality of products and services that you offer still matters.
WayneLiew (Wayne Liew) Sat, 19 Dec 2009 08:51:09 -0000
No matter how good your marketing is, the quality of products and services that you offer still matters.
Quality online shopping. Over 250 stores offering a wide range of products and services. http://tiny.cc/yV6vU
storebrowser (James Moy) Sat, 19 Dec 2009 08:50:11 -0000
Quality online shopping. Over 250 stores offering a wide range of products and services. http://tiny.cc/yV6vU
What are the characteristics of products and services that offer best click through and conversion? http://bit.ly/6yjN9k
elitekeywords (Edward Morrison) Sat, 19 Dec 2009 08:34:23 -0000
What are the characteristics of products and services that offer best click through and conversion? http://bit.ly/6yjN9k

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