Assignment of identify a list of various services you use on a regular basis and identify their distinct characteristics
Answers
Answer:
service is an economic activity that is intangible and implies attain social interaction to be realized between the service provider and the consumer. They are separately identifiable, and intangible activities that provide the satisfaction of wants, and are not necessarily linked to the sale of a product or another service.
There are mainly three types of services that we use:
a. Business Services: These services are used by business enterprises to conduct their activities. For example, banking, insurance, transportation, warehousing and communication services.
b. Social Services: These services are provided voluntarily to attain social goals. For example, improve the standard of living for weaker sections of society, provide educational services to their children, provide health care and hygienic conditions in slum areas, etc.