Question

what is the difference between a business life and a own service life..?

Answer 1

Answer:

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Selling a service is vastly different than selling products. At the heart of it, the main difference is that a product business sells physical, tangible objects, whereas a service business provides value through intangible skills, expertise and time.

Explanation:

• The business life cycle is the progression of a business in phases over time and is most commonly divided into five stages: launch, growth, shake-out, maturity, and decline. The cycle is shown on a graph with the horizontal axis as time and the vertical axis as dollars or various financial metrics.

• Every business goes through four phases of a life cycle: startup, growth, maturity and renewal/rebirth or decline.

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Answer 2

Answer:

Selling a service is vastly different than selling products. At the heart of it, the main difference is that a product business sells physical, tangible objects, whereas a service business provides value through intangible skills, expertise and time.

Explanation:

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