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About: [dataTXT] Service (economics)0     Goto   Sponge   NotDistinct   Permalink

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  • Services
  • services
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  • [dataTXT] Service (economics)
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  • In economics, a service is a transaction in which no physical goods is transferred from the seller to the buyer. The benefits of such a service are held to be demonstrated by the buyer's willingness to make the exchange. Public services are those that society (nation state, fiscal union, region) as a whole pays for. Using resources, skill, ingenuity, and experience, service providers benefit service consumers.
Subject
  • Economics terminology
  • Goods
  • Marketing
  • Services (economics)
  • Services management and marketing
  • Supply chain management terms
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