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Numerical examples of the service sector include industries such as healthcare, where a hospital might serve 500 patients per day, or education, where a university enrolls 15,000 students annually. Other examples include the hospitality industry, with a hotel hosting 200 guests nightly, and financial services, where a bank processes thousands of transactions daily. Additionally, the retail sector can be quantified by a store generating $1 million in sales per month. These figures illustrate the diverse and impactful nature of the service sector in the economy.
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What are examples of service sector?
Examples of Service sector are:Retail,Banks,Hotels,Real estate,Education,Health,Social work,Transport,Computer services,Recreation,Media,Communications,Electricity,Gas andWater supply
What are the functions of the service sector of economy?
what are the function of the service sector of the economy
Why oxfam is in tertiary sector?
it is in the tertiary sector, which is also known as the service sector, as it is offering a service to everyone!
How manufacturing sector differ from service sector?
Manufacturing is one where in production process service orientations is done where in service sector is to completely to serve with service and no production involved in this process.
The growth of jobs in the service sector the information industry franchises and the development of multinational corporations are examples of what?
Postwar changes in the American government
Internet banking comes under which sector?
service sector (tertiary sector)
What is Difference between service sector and non service sector?
Service sector implies providing the service directly to the end user/customer and would include employment such as waiter/waitress or taxi driver. Non-service sector would include assembly line worker or farmer.
What is the contribution of service sector to the GDP of India?
The service sector accounts for 57 percent of India's GDP. The service sector also employs 27 percent of India's workforce.
What are examples tertairy sector businesses?
A company that provides both private and public services, these are the service industries transport, dentists, doctors, and so on.
Is retail sector coming under service sector or not?
RETAIL sector comprise of sales of goods or services to the end user. as such it is a service sector which connotes a service function in terms of distributing goods and services to end-user.
Which sector contributes maximum for indian gdp?
service
How tertiary sector different from other sectors illustrate with few examples?
The tertiary sector, also known as the service sector, is distinct from the primary sector (which involves natural resource extraction) and the secondary sector (which focuses on manufacturing) because it provides services rather than goods. Examples of the tertiary sector include healthcare, education, finance, and tourism, where the emphasis is on delivering intangible value. Unlike the primary and secondary sectors, which produce tangible products, the tertiary sector enhances the functionality and efficiency of the economy by facilitating various services and support systems.
