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Services can also be produced as "products", and may include the production of goods. Inversely, services may contribute to the production of a good in a complex division of labour. As well as getting good product information to the right people.
For some, commerce may be seen as part of the production process as it involves the exchange of goods and services and the creation of value. Others may view commerce as a separate process that is distinct from production, as it typically involves the exchange of goods and services that have already been produced.
The activity of providing to services or goods to other people who may need it.
1. customers donot obtain ownership of services. 2.services are perishable 3.customer may be involved in production process 4.promotion needs differnt approaches. 5. employess are considered more important customer.
Services can also be produced as "products", and may include the production of goods. Inversely, services may contribute to the production of a good in a complex division of labour. As well as getting good product information to the right people.
Firstly, it's very much important to be aware about the term business which is signified as an organization involved in the trade of goods, services, or both to consumers. It may be owned by multiple individuals and may be referred as a company. It may also be a non-profit or state owned business that can be signified as in the form of the economic activity as it is related to production, distribution, exchange and consumption of goods and services.The primary aim of any business activity is the production of goods and service and to move them from the place of production to the place of consumption.In other words, business as an economic activity are those efforts which are undertaken by the employees for the purpose of earning maximum profit by increasing productivity and ultimately resulting into the increment in the sales volume of the organization.
A footballer is primarily considered part of the tertiary sector. This sector involves services rather than goods production, and professional athletes provide entertainment and sports services. While they may have some connections to the secondary sector through merchandise and equipment, their main contribution lies in the services they offer through their performance.
A. Emergency medical services to individuals following an earthquake.
The fabrication of a bong by using an apple or pretty much anything else is usually considered to be an illegal activity in many localities. A person wishing to construct one may have to result to trial and error or consulting the services of a friend or acquaintance who may have knowledge.
"Products" are material or intellectual creations. In commerce, they are the items or materials gathered, formed, or constructed for use or sale. They may include forms that are agricultural, mineral, or industrial / mechanical. "Services" are labor activities and not considered products per se. Electrical energy production is usually considered a service, not a commodity.