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 periodicals archive ?
In Table 4, we report the marginal impacts from the probit estimations predicting receipt of each type of therapeutic service, irrespective of site.
Therapeutic services are the key to this, and I would remind all those who deal with these situations how invaluable they are."
The severity of the child's functional limitation was associated with therapeutic service use within and outside the school setting.
BANKING AND CREDIT NEWS-December 18, 2015-Wells Fargo, William Shatner support therapeutic services for military veterans
The two awards - "Luxury Resort Spa" and "Luxury Hammam Experience in the Middle East & North Africa" - recognise the spa for its exceptional therapeutic services.
Darryl Williams, director and owner of Woodlands, said: "The funding is central to allowing Woodlands to grow and continue its world-class therapeutic services.
All proceeds will be used for programming and scholarships to help Warren Township families in need of Equestrian Connection's therapeutic services. The eight-week program has been used to help people with anxiety, depression, ADHD and a range of other issues or life events, such as a major loss.
Darryl Williams, Director and owner of Woodlands, said: "The funding is central to allowing Woodlands to grow and continue its world-class therapeutic services. But alongside the financial support, we have also benefited from incredible business insight through working with John and the HSBC UK team.
Se commended the dedicated efforts exerted by SMC staff to ensure health and therapeutic services during the Eid recess, away from their families.

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