explain different nature of service
Answers
Answer:
The definition of service is “any intangible product, which is essentially a transaction and is transferred from the buyer to the seller in exchange for some consideration (or no consideration). ... Intangibility: A service is not a physical product that you can touch or see.
Answer:
Nature of ServicesNature and Types of Services: Features of Services with ...
Intangibility: A service is not a physical product that you can touch or see. A service can be experienced by the buyer...
Inconsistency: There can be no perfect standardization of services. Even if the service provider remains the same, the...
Inseparability: One unique characteristic of services is that the service and the service provider cannot be separated.
Storage: The production and consumption of services are not inseparable because storage of services is not possible.
Explanation: