rising price
Tourism is generally considered a service. Tourism is not a physical product because you cannot take the environment home with you.
NO! A product is different from service. An example of product is Milk, Mobile phone, TV, Car, etc. An example of service is insurance, medical care (but medicine is product), etc. The government marks use for service is SM, which stands for service mark, while for product it is TM, which stands for Trademark.
Purchase power,income level,necessarity,willingness
A service is a product. But it is not a tangible good. However, even tangible goods are valued only because of their services to man.
To sell a product or service at price higher than what it costs to you to make that product or provide that service. Basically to be profitable.
A service
Yes, for a company or organization that offers service and consumed products. The target market are the type and age of people that the service or the product is being adevertised to or expected to be consumed by.
customers and vendors
It is a good. If you take documents to a bindery to have them stapled, the stapling is a service.
Tourism is generally considered a service. Tourism is not a physical product because you cannot take the environment home with you.
yes - mail fraud
Generally Service Revenue is nothing more than Revenue made by providing a service. If you paint a persons house for $5,000, you provided a service and the Revenue you brought in due to that service is considered SERVICE REVENUE.
Any job that pays you money for providing a product or service can be considered a profession.
Dude, It's neither. Consumer's are the buyers. If a business or company produces an item, then someone has to buy those items. The people who buy the item are the consumers. However, Consumption is the buying of a product. When a product is bought it is being consumed.
product and service in your life cycle
Service inseparability means that a service is typically produced and consumed at the same time and location, making it impossible to separate the production from the consumption. This is in contrast to tangible products which are typically created in advance and then consumed later. This characteristic of services highlights the importance of a customer's experience during the service delivery process.
A service organization's end product is a service. A manufacturing organization's end product is a product.