Question

Explain the concept of service. Do you think that the importance of service sector in our economy is on the rise? Give reasons for your answers.

Answer 1

Answer:

A SERVICE is an action that a person does for someone else. Examples: Goods are items you buy, such as food, clothing, toys, furniture, and toothpaste. ... Capital goods are those used to produce other goods and services

yes, their are many reason for this

Answer 2

Hello !

The Service Concept :

•    The service concept can best be described as the way in which an organization would like to have its services perceived by its stakeholders. [i] It describes the non-tangible aspects of service delivery and is an integral part of the value proposition of service providers.

• yes,  The service sector makes an important contribution to GDP in most countries, providing jobs, inputs and public services for the economy. Trade in services can improve economic performance and provide a range of traditional and new export opportunities.

Hope It Helps u :)