Definition of service in business studies
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SERVICE-- Those facilities or things which can't seen, touch but feel by everyone and can buy and sell also called services. These are intangible in nature and provided by the experience person. There are many types of services which are related to production of goods. such as transport, advertisement, banking etc..
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Explanation:
Explanation: All intangible things which directly satisfies our wants is called services.
- For example : Banking services, Insurance services, Telephone communication services,etc
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