WebMiddle English service, servise "state of serving or being at someone's command, position in a household, duty which a tenant is owed to a lord, assistance, form followed in Christian …

Webser·vice 1. Of or relating to the armed forces of a country. 2. Intended for use in supplying or serving: a service elevator; the service entrance. 3. Offering repairs or maintenance: a service guarantee; a road service area. 4. Offering services to the public in response to need or demand: a ...

WebWhat is Service – Nature (With Examples) 1. Intangibility:. It is difficult to judge and evaluate the performance quality and values in advance. 2. Inseparability:. Service providers possesses a particular knowledge, skills, efficiency, competencies, training and... 3. Perishability:. Services have ...

Webservice1 / ( ˈsɜːvɪs) / noun an act of help or assistance an organized system of labour and material aids used to supply the needs of the public telephone service; bus service the …

WebIt includes: 1. It is a dynamic process. 2. It is customer oriented. 3. It is creative. 4. It is intangible. 5. Transfer of ownership is not possible. 6. It is heterogeneous. 7. It has zero shelf life. 8. Services are production is inseparable. 9. It is perishable. 10. It is a social process. 11. It ...

WebDefinition and meaning. Services are the non-physical, intangible parts of our economy, as opposed to goods, which we can touch or handle. Services, such as banking, education, medical treatment, and transportation make up the majority of the economies of the rich nations. They also represent most of the emerging nations’ economies.

Web27/11/2016 · A service is something that the public needs, such as transport, communications facilities, hospitals, or energy supplies, which is provided in a planned and organized way by the government or an official body. Britain still boasts the cheapest postal service. We have started a campaign for better nursery and school services.

WebService is an act or performance offered by one party to another. They are economic activities that create value and provide benefits for customers at specific times and places as a result of bringing about a desired change in or on behalf of the recipient of the service.

WebDefinition and characteristics of Services The American Marketing Association defines services as - “Activities, benefits and satisfactions which are offered for sale or are provided in connection with the sale of goods.” The defining characteristics of a service are: Intangibility: Services are intangible and do not have a physical existence.

WebServices used by the business enterprises in conducting the activities of the business. Example: Banking, insurance, warehousing, communication services etc. (2) Social Services These are provided voluntarily to fulfil social goals. Example: Providing education and health facilities to the employees and their family members. (3) Personal Services