of service
Definition
A service is any act or
performance that one
party can offer to
another that is
essentially intangible
and does not result in
the ownership of
anything . Its production
may or may not be tied
to the physical product
Sectors of service
industries
Government sector : courts ,
employment service, hospitals , loan
agencies , military service , police , fire
department, post office , regulatory
agencies and schools.
Categories of service
mix
Pure tangible goods
: tangible
goods like soap ,toothpaste , salt ,etc. No
service goes with tangible goods.
Goods-to-service
mix
Equipment based v/s people based
: Equipment based like car service, etc. and
People based like house keeping
,accounting ,house help , theme party.