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Services & Service Industries
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Transcript of Services & Service Industries
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Prakashgouda S K
Service Industries
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Service• A service is an activity which has some element of intangibility
associated with it, which involves some action with customer or with property in their possession, and does not result in a transfer of ownership.
• Services are the “Deeds, processes and performances”. It include all economic activities whose output is not a physical product or construction, is generally consumed at the time it is produced and provides added value in forms (such as convenience, amusement, timeliness, comfort or health) that are essentially intangible concerns of its first purchaser”.
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Service industry
Industry that provides services rather than goods. Economists divide the products of all economic activity into two broad categories, goods and services.
An industry made up of companies that primarily earn revenue through providing intangible products and services.
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Service industries
Hospital Medical practice Dentistry Eye care Diagnostic lab
Health care:
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Service industries
Professional services: Accounting, Legal Architectural Marriage bureau Parlors
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Service industries
Financial services:BankingInvestment advising InsuranceBrokeragesChartered AccountantsChartered Financial Analysts
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HospitalityRestaurantHotel / Motel Bed / Breakfast Ski resortRafting
Service industries
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Service Industries
Airlines Travel agencies Theme Park Metro
Travel Service:
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Service Industries
Developmental Services: Educational Gym
Event Management: Exhibition Promotion Product Launch Seminar Entertainment Shows
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Communication services: Mobile phones Social networks Internet
Service Industries
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