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This article is about a term used in economics. For other uses, see service (disambiguation).

In economics and marketing, a service is the non-material equivalent of a good. Service provision has been defined as an economic activity that does not result in ownership, and this is what differentiates it from providing physical goods. It is claimed to be a process that creates benefits by facilitating either a change in customers, a change in their physical possessions, or a change in their intangible assets.

By supplying some level of skill, ingenuity, and experience, providers of a service participate in an economy without the restrictions of carrying stock (inventory) or the need to concern themselves with bulky raw materials. On the other hand, their investment in expertise does require marketing and upgrading in the face of competition which has equally few physical restrictions.

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Who wants to save on health related products and services http://www.recomends.com/advertiser/aetna
EdwardGautreaux (Edward Gautreaux) Sun, 20 Dec 2009 03:38:52 -0000
Who wants to save on health related products and services http://www.recomends.com/advertiser/aetna
Who wants to save on health related products and services http://www.recomends.com/advertiser/aetna
EdwardGautreaux (Edward Gautreaux) Sat, 19 Dec 2009 13:17:57 -0000
Who wants to save on health related products and services http://www.recomends.com/advertiser/aetna
Who wants to save on health related products and services http://www.recomends.com/advertiser/aetna
EdwardGautreaux (Edward Gautreaux) Sat, 19 Dec 2009 00:51:24 -0000
Who wants to save on health related products and services http://www.recomends.com/advertiser/aetna
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LinkU2 (LinkU2 UK Directory) Wed, 16 Dec 2009 07:30:04 -0000
#Golf: fairways2play: A complete package of golf related products and services under one roof. The site comprises... http://bit.ly/5rpCTN
#Golf: fairways2play: A complete package of golf related products and services under one roof. The site comprises... http://bit.ly/5rpCTN
LinkU2 (LinkU2 UK Directory) Sat, 12 Dec 2009 19:30:12 -0000
#Golf: fairways2play: A complete package of golf related products and services under one roof. The site comprises... http://bit.ly/5rpCTN

 
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