service

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service

an economic activity which is performed to meet a personal or business demand. Some services are either specifically personal (for example hairdressing, dentistry), or business (for example factory maintenance, freight forwarding), but a large number are multifaceted, catering for both sectors, for example, household and industrial painting, telephone services.

The provision of most services (for example, window cleaning) involves a number of characteristics which set them apart from the provision of a GOOD (for example, a motorcar), in particular intangibility - the inability of a customer to see, touch, taste or smell the service, and inseparability - the fact that services are produced and consumed at the same time and thus cannot be stored. See also MARKETING MIX, GAP ANALYSIS. See PRODUCT, PERISHABILITY, VARIABILITY.

service

any intangible economic activity (hairdressing, catering, insurance, banking, etc.) that contributes directly (see FINAL PRODUCTS) or indirectly (see INTERMEDIATE PRODUCTS) to the satisfaction of human wants. Services are an important component of GROSS NATIONAL PRODUCT.
References in classic literature ?
Because they will take me away,' says I, 'and put me to service, and I can't work housework.
Except that thou didst carry to the lady Dulcinea," said Don Quixote, "I know not that thou hast carried any other, at least in my service.
The attention of the government ought particularly to be directed to the formation of a select corps of moderate extent, upon such principles as will really fit them for service in case of need.
She remarked that, reckoning from the year when I started as page-boy in the time of the old lord, I had been more than fifty years in her service, and she put into my hands a beautiful waistcoat of wool that she had worked herself, to keep me warm in the bitter winter weather.
To provide for organizing, arming, and disciplining, the Militia, and for governing such Part of them as may be employed in the Service of the United States, reserving to the States respectively, the Appointment of the Officers, and the Authority of training the militia according to the discipline prescribed by Congress;
He completely obliterates himself in everything, and looks only for permission to serve where service is most disagreeable, and where others would not be attracted.
One of the men was General Altendorff; and the other two were Mason and Vanderbold, the brains of the inner circle of the Oligarchy's secret service.
Go when you please--but take care how you spread scandals about me and my affairs when you're out of my service.
I told his majesty, "that I was come according to my promise, and with the license of the emperor my master, to have the honour of seeing so mighty a monarch, and to offer him any service in my power, consistent with my duty to my own prince;" not mentioning a word of my disgrace, because I had hitherto no regular information of it, and might suppose myself wholly ignorant of any such design; neither could I reasonably conceive that the emperor would discover the secret, while I was out of his power; wherein, however, it soon appeared I was deceived.
The chanting of the service ceased, and the voice of the priest was heard respectfully congratulating the dying man on having received the sacrament.
It was giving some people too little service and others too much.
But with all these abatements, the business of federal legislation must continue so far to exceed, both in novelty and difficulty, the legislative business of a single State, as to justify the longer period of service assigned to those who are to transact it.

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