What is the significance and characteristics of services? Explain it.
Answers
Answered by
1
Without doubt, services have grown dramatically in recent years, and are growing quickly in the world economy, becoming more and more important. Today, they make up already more than 65% of the gross world product (read more at CIA World Factbook). In the developed countries, the service sector contributes more to economic growth than any other.
However, service is not service. That is, service industries vary greatly. Not only companies do offer services, but also governments and non-profit organisations. However, all services have certain characteristics in common: the characteristics of services.
Answered by
3
Answer:
mark me as brainliest...
Attachments:
Similar questions