A service is any provision or activity that satisfies the needs or problems of a customer or user. It is an intangible asset that is useful for serving the user.
Services can be divided into different types:
1. Business services: For example, transportation services or banking services.
2. Technical services: For example, IT services, equipment repair services.
3. Social services: For example, healthcare and education services.
4. Entertainment services: For example, hotel management or tourism services.
For example, if you go to a coffee shop, the shop provides services by selling coffee and providing customer service.
Do you want to know more about what types of services are? 😊
Tags:
Commodity