Question

which of the following business involves more than one type of business?
a)service business
b)merchandizing business
c)manufacturing business
d)hybrid business ​

Answer 1

Answer:

service bussines involve more than one type of business

Answer 2

Service Business involves more than one type of business. Option(a) is the correct answer.

• Businesses that provide services help people live more comfortably or take care of problems they are unable to handle on their own are called Service Business.
• Service Businesses can be divided into various categories like : Personal Service, Sales and Marketing, In-home services, Public services, Event management, and much more.
• A service is a benefit that enhances someone's life in a way that is not always visible or touchable.
• As service business has so many businesses inhibited in itself it must successfully satiate the wants and needs of a desirable clientele. Managers must choose which attributes to focus on for superior performance and which to focus on for subpar performance in order to develop a successful service offering.
• Also, management in a service industry must carefully consider how to reward excellence. To enable the business to excel in the qualities it has chosen, a funding mechanism must be in place.
• There must be employee and customer management system too in a service business for its successful working.

For more information on Service business, refer to the following answers:

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